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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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DOWNLOAD CWE PO/MT VI CALL LETTER - ARE U READY FOR CWE PO/MT VI PRILIMINARY ONLINE EXAMINATION




If you have applied for CWE PO/MT-VI, now time has come to fasten your belt and be ready for appearing in preliminary examination.

Some Important Facts Need to Know Before Appearing in this examination

1. Composite time of preliminary examination will be one hour.

2. Candidates have to qualify in each of the three tests by securing cut-off marks to be decided by IBPS.

3. Penalty for Wrong Answers - There will be penalty for wrong answers marked in the Objective Tests. For each question for which a wrong answer has been given by the candidate one fourth or 0.25 of the marks assigned to that question will be deducted as penalty. There will be no penalty for unanswered question.

4. Subjects that will be covered in the examination

Subject
No of Question
Maximum Marks
English Language
30
30
Quantitative Aptitude
35
35
Reasoning Ability
35
35

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