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NEO Banking - A Future Digital Banking, Development Scope, Threat and Challenges

What is Neo Banking? NEO banks are the banks which has no physical branches. NEO Banks are digital only financial institutions that operate exclusively online through websites and mobile apps.  The financial services industry has undergone massive transformations from manual to Core Banking and now digital without any physical branch. the evolution of banking has been marked by innovations aimed at making financial services more accessible, convenient, and efficient.   NEO Banks offers services like below: Account Management: Account Opening, Checking, Savings, and Money Transfers Loan Services: Quick and seamless loan approvals Low Fees: Minimal or no fees due to lower operational costs Tech Features: Budget tools, instant payments, and real-time alerts Why Are Neo Banks becoming popular now? Convenience : 24/7 mobile banking—no waiting in lines. Lower Fees : No hidden charges, free international transfers, and zero maintenance fees. User-Friendly Apps : Seamless, f...
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RBI Assistant - July 2014

Reserve bank of India has invited application for the post of Assistant.


Important Dates
       Online Registration Start from: 16 July 2014
       Online Registration Ends on: 06 August 2014
  Payment of Application Fee
                 Online Mode: From 16/07/2014 to 06/08/2014
                 Offline Mode: From 18/07/2014 to 11/08/ 2014
NB: Estimated time of Online Exam: Around Fourth week of Sept. 2014
Eligibility Criteria
Qualifications: Bachelor’s Degree in any discipline (Minimum of 50% marks(pass class for SC/ST/PWD candidates)) in the aggregate and the knowledge of word processing.
Age: 18 - 28 yrs.

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