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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...

Bank of India Recruitment 2014 – Apply Online for Specialist Officers-III, IV, V Posts: 13

Name of the Posts:
1. Specialist Officer-III (Information Technology): 04 Posts
2. Specialist Officer-IV (Information Technology): 06 Posts
3. Specialist Officer-V (Information Technology): 03 Posts

Age Limit:
Specialist Officer-III -28 to 40 years
Specialist Officer-IV- 30 to 45 years
Specialist Officer-V - 35 to 50 years. Age relaxation will be applicable as per rules.

Qualification: Candidates should possess Graduation Degree in Information Technology/ Computer Engineering or Post Graduation degree in Computer Applications/ Computer Science/ Information Technology from a recognized University.

Selection Process: Selection will be made on the basis of online examination, interview, and group discussion.

Important Dates:

Opening Dates Online: 04 Dec 2014
Closing Dates Online: 22 Dec 2014
Payment of Application/ Intimation fees from: 04 Dec 2014 to 22 Dec 2014
Closing Date for printing of Applications: 06 Jan 2015
Tentative Date of Online Examination: 22 Jan 2015

Application Fee: Candidates should pay Rs.100/- for SC/ ST/ PWD candidates, Rs.600/- for General & other candidates through online by using only Master/ Visa Debit or Credit cards or Internet Banking.


For more details clickhere

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