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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...

Vacancy in Central Bank of India - Economist, Chief Security Officer, Credit Officers, Security Officer

Central Bank of India is looking for below executives in different domain of Economics and Security and Credit

 LAST DATE OF RECEIPT OF APPLICATIONS -   31.07.2015

1. Economist SMG Scale-V Specialist
       No of Post - 1
       Max Age - 40 Years

2. Chief Security Officer SMG Scale-V Specialist
      No of Post - 1
      Max Age - 55 Years

3.  Chief Customer Service Officer (CSSO)
     No of Post - 1
     On Contract
     Max Age - 62 Years

For details of new revised pay structure of PSU Banks refer

http://bankinggear.blogspot.in/2015/07/long-waited-10-th-bipartite-settlement.html

For Detail Advertisement refer


https://www.centralbankofindia.co.in/site/MainSite.aspx?status=1&menu_id=17


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