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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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RECRUITMENT OF 300 SPECIAL MANAGEMENT EXECUTIVES (BANKING) IN STATE BANK OF INDIA

State Bank of India invites on-line applications from Indian citizens for recruitment in the post of Special Management Executive (Banking). Candidates are requested to apply on-line through Bank's website www.statebankofindia.com or www.sbi.co.in

ON-LINE REGISTRATION OF APPLICATION - 24 July 2014 TO 11 Aug 2014
PAYMENT OF FEE -  ON LINE  - 24 July 2014 TO 11 Aug 2014
    OFF LINE - 26 July 2014 TO 13 Aug 2014

POST:
1) SPECIAL MANAGEMENT EXECUTIVE (BANKING) – MMGS III
Age Required -   25-40 Years
Qualification - CA/ ICWA/ ACS/ MBA/ MMS/ PGDBA/ PGPM/ PGDM

2) SPECIAL MANAGEMENT EXECUTIVE (BANKING) – MMGS II
Age Required - 25-35 Years
Qualification - CA/ ICWA/ ACS/ MBA/ MMS/ PGDBA/ PGPM/ PGDM


TEST PATTERN:

Objective Test
1. BANKING KNOWLEDGE (50 Questions)
2. DATA INTERPRETATION & ANALYSIS (50 Questions)
3. REASONING (50 Questions)
4. GENERAL AWARENESS (50 Questions)

Description Test: ONLINE

English Language Test: (LETTER WRITING & ESSAY)

DATE OF EXAMINATION: 19-09-2014

For Official Notification ClickHere


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