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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...

Recruitment of Law Officers - Tamilnad Mercantile Bank Ltd

Tamilnad Mercantile Bank Ltd has invited applications for Law Officers

Dates for Registering Online E-application
Opening: Jul 23, 2014
Closing: Aug 06, 2014

Educational Qualification:
Graduation in Law with atleast 50 % marks or Law Post Graduate.

Experience - Scale I:
Practising as an Advocate for a period of not less than 4 years in civil/DRT cases.

Experience - Scale II:
Persons having work experience in a Bank or Financial Institution for atleast 3 years as an Officer in Legal Department will be given preference. Completion of JAIIB/CAIIB will be an added advantage.

Age: Maximum: 35 years as on May 31, 2014.

Cut Off Date of Birth: Jun. 01, 1979

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