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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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Latest Vacancies in Banks - July 2018

New vacancy in Bank - July 2018

1) Reserve Bank of India (RBI)
   Total Vacancies   166
   Name of the Post   Grade B Officers
   Closing Date          23/07/2018

    Official Notification

2) Indbank Merchant Banking Services Limited (Indbank)
   Total Vacancies   15
   Name of the Post   Secretarial Officer, Dealer
   Closing Date   30/07/2018

 Official Notification

3) India Post Payments Bank (IPPB)
   Total Vacancies   15
   Name of the Post    Various Managers in Scale-IV, V and V
   Closing Date          10/07/2018

Detail Advertisement

Official Notification

4) Repco Bank
   Total Vacancies      04
   Name of the Post   Assistant Manager (Legal)
   Closing Date          10/07/2018

Official Notification

5) Reserve Bank of India (RBI)
   Total Vacancies      01
   Name of the Post    Banks Medical Consultant  
   Closing Date           20/07/2018

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