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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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Vacancies in India Post Payment Bank Limited - Direct Scale IV, V and VI

Indian Post Payment Bank (IPPB) invited application for direct recruitment on the scale IV (Chief Manager), V(AGM) and VI(DGM).

Indian Post Payment Bank has been setup under department of Post, Ministry of Communication with 100% equity owned by Government of India.

Important Dates -

Payment of Application Fee - 26.06.2018 to 10.07.2018
Opening Date of Online Registration - 26.06.2018
Closing Date of Online Registration - 10.07.2018

Pay Scale -

Scale IV - 50030 - 59170 (Approx CTC - 144250)
Scale V -  59170 - 66070 (Approx CTC - 176664)
Scale VI - 68680 - 76520 (Approx CTC - 218294)

Official Website is www.ippbonline.net


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