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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 SME/Industrial Finance / Retail Loan Officer - Tamilnad Mercantile Bank Ltd

Tamilnad Mercantile Bank Ltd has invited applications for SME/Industrial Finance / Retail Loan Officer.

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

Educational Qualification:
M.Com / MBA (First Class) from recognized university in regular college.
Experience:
In any public sector bank with at least 3 years experience in Scale I cadre with exposure to SME / Industrial Finance / Retail loans. 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

NB. Selected candidates shall be posted in Scale II cadre.

For Apply visit - http://career.tmb.in/jobinfo.htm?job_num=FO1401

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