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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...

Recruitment Of Junior Associates(Customer Support&Sales) - Total Vacancies 8000

SBI has invited application for Junior associates(Customer Support &Sales) in Clerical Cadre.

Important Dates -

Online Registration of Application and Payment Of Fees:
3-Jan-2020 to 26-Jan-2020

Pay Scale for Junior associates - 11765-655/ 3-13730-815/ 3-16175-980/ 4-20095-1145/ 7-28110-2120/ 1-30230-1310/1-31450

Eligibility Criteria - As on 01-01-2020

Not Below 20 years and not above 28 years
DOB between 02.01.1992 and 01.01.2000


Examination will be held in two phases - 
1. Preliminary  ( 1 hour, 100 Questions,100 Marks)
2. Main (2 hrs 40 min, 190 Questions, 200 Marks)
   

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