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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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IBPS CWE RRB V 2016 Recruitment Notification - Total 16560 Vacancies - Apply Before 30-Sep-2016



IMPORTANT TENTATIVE DATES

Start Date For Online Application:    14/Sept/2016
Last Date For Online Application:    30/Sept/2016
Online Payment of Application Fees: 14/Sept/2016 to 30/Sept/2016
Tentative Date of Online Preliminary Examinations: 
          Officer Scale-I –  05/Nov/2016  and 06/Nov/2016
          Office Assistant - 12, 13 & 19/Nov/2016
Tentative Date of Online Main Examinations: 
           Officers (I, II & III) – 11/Dec/2016
           Office Assistant - 18/Dec/2016

TOTAL NUMBER OF VACANCIES –16560 Vacancies

NAME OF POSTS AND NUMBER OF VACANCIES

 Office Assistants (Multipurpose): 8824 Posts
Officers Scale I: 5539 Posts
Officers Scale II (Agriculture Officer): 152 Posts
Officers Scale II (Chartered Accountant): 35 Posts
Officers Scale II (General Banking Officer): 1533 Posts
Officers Scale II (Information Technology Officer): 130 Posts
Officers Scale II (Law Officer): 55 Posts
Officers Scale II (Marketing Officer): 75 Posts
Officers Scale II (Treasury Manager): 19 Posts

Officers Scale III: 198 Posts

AGE CRITERIA

 Office Assistant : Min 18 yrs, Max 28 yrs
Officer Scale - I: Min 18 yrs,  Max 30 yrs
Officer Scale - II: Min 21 yrs,  Max 32 yrs

Officer Scale - III: Min 21 yrs, Max 40 yrs

APPLICATION FEE

 SC/ST/PWD/EXSM Candidates - Rs. 100/-

All Others category Candidates -  Rs. 600/-

 PAY SCALE

 Office Assistant : Rs.7200-19300/-
Officer Scale- I : Rs.14500- 25700/-
Officer Scale- II : Rs.19400- 28100/-

Officer Scale- III : Rs.25700- 25700/-

IMPORTANT LINKS
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Registration link to Apply

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