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The world is evolving into a digitally advanced environment. Transformation is a constantly evolving process where Robotic Process Automation or RPA came into the process of renovation. RPA has recently become a valuable tool in banking and financial institutions. RPA has shown a lot of various benefits for different organizations. The primary intention of Robotic Process Automation in banking is to reduce repetitive tasks in the bank. In banking and various other organizations, RPA has helped reduce the operational costs by 30% - 70%; RPA helps reduce the workforce by employing Bot workers in charge, which later saves the operating costs and increases efficiency and accuracy of the tasks. Lenders are regularly facing pressure to reduce the prices as well as to reduce and save time. Lender hence switches into automation for better efficiency and accuracy of service. With automation bots, lenders can …