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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 FOR THE POST OF ASSISTANT ADMINISTRATIVE (AAO) OFFICER 2016

Total no. of vacancy - 700

Schedule:
v     Start date for Online Registration of Applications and Online Payment of Application Fee/Intimation Charges - 15.12.2015
v     Last date for Online Registration and Online Payment of Application Fee/Intimation Charges - 05.01.2016
v     Download of Call Letter for Examination - Last Week of February 2016
            Date of Online Examination (Tentative) - 5th, 6th and 13th March 2016

Eligibility Criteria:
Minimum age shall be 21 years (completed) as on 1st December 2015 .Maximum age shall not be more than 30 years (candidates must have been born not earlier than 02/12/1985 and not later than 01/12/1994 both days inclusive only are eligible).

Educational Qualification - Bachelor/ Master’s Degree from a recognized university/institution

Salary - Scale - 17240-840(14)-29000-910(4)-32640 (under revision)

Selection Procedure - Online examination followed by Interview

AAO 2016 Exam Pattern
Subject
No of Questions
Marks
Reasoning Ability
30
90
Quantitative Aptitude
30
90
General knowledge , Current Affairs
30
60
Computer Knowledge
30
60
English
40

Total
180
300


How To Apply:


 Click here for official link of online application  http://licindia.in/careers.htm

Buy Books for LIC AAO Preparation. Click below links

A.A.O. L.I.C./G.I.C./O.I.C. Assistant Administrative Officers Exam (Generalists) LIC AAO 

Assistant Administrative Officer Recruitment Examination (English) 8th Edition

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