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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...

Combined 10+2 level SSC Examination

Important Dates –
Closing Date: 13.07.2015
Date of Examination: 01.11.2015, 15.11.2015, 22.11.2015

The SSC will held an examination for Recruitment of Postal Assistants/Sorting Assistants, Data Entry Operators and Lower Divisional Clerks on Sundays 01.11.2015, 15.11.2015 and 22.11.2015, the details of which are as under:

Pay of the Posts:
Postal Assistant/Sorting Assistant PB -1(Rs. 5200-20200) Grade Pay 2400
Data Entry Operator: Pay Band-1 (Rs. 5200-20200), Grade Pay Rs.   2400
Data Entry Operator: Pay Band-1 (Rs. 5200-20200), Grade Pay Rs.  1900
Lower Division Clerk: Pay Band -1 (Rs. 5200-20200), Grade Pay Rs. 1900


Vacancies:
Tentatively   the   vacancies   for   the   post   of   Postal   Assistant/Sorting Assistant, LDC and DEO are 3523, 2049 and 1006 respectively.

Nationality / Citizenship:
A candidate must be either: (a) a citizen of India, or (b) a subject of Nepal, or (c) a subject of Bhutan, or (d) a Tibetan refugee who came over to India, before the 1st January,1962, with the intention of permanently settling in India, or (e) a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania(Formerly Tanganyika and Zanzibar),Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India.

Provided that a candidate belonging to categories (b), (c), (d) and (e) above shall be a    person in whose favour a certificate of eligibility has been issued by the Government of India.

A  candidate  in  whose  case  a  certificate  of  eligibility  is  necessary  may  be admitted to the Examination but the offer of appointment will be given only after the necessary eligibility certificate has been issued to him/her by the Government of India.

Age Limit: 18-27 years   as on 01.08.2015 (Candidates born not before 02-08-1988 and not later than 01-08-1997.

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