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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 Specialist Officers in Indian Bank

Indian Bank headquartered in Chennai has invited application for for specialist officers for below posts

  1. Assistant Manager Credit
  2. Manager Credit
  3. Manager Security
  4. Manager Forex
  5. Manager Legal
  6. Manager Dealer
  7. Manager Risk Management
  8. Senior Manager Risk Management


Pay Scales

Scale 1 - 23700 - 980(7) - 30560 -  1145(2) - 32850 - 1310(7) - 42020
Scale 2 - 31705 - 1145(1) - 32850 - 1310(10) - 45950
Scale 3 - 42020 - 1310(5) - 48570 - 1460(2) - 51490

Important Dates

Online Registration & Payment - 22.01.2020 to 10.02.2020
Download of Call Letters - 20.02.2020 onwards
Online Examination - 08.03.2020

Official Website - www.indianbank.in
Apply Online

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