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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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Common Recruitment Process (CRP) for Recruitment of Probationary Officers/ Management Trainees in Participating Organisations- (CRP PO/MT-X)

IBPS had announced dates for COMMON RECRUITMENT PROCESS FOR RECRUITMENT OF PROBATIONARY OFFICERS/ MANAGEMENT TRAINEES IN PARTICIPATING ORGANISATIONS (CRP PO/MT-X for Vacancies of 2021-22). 

Earlier last date for application was 26th Aug 2020. But now IBPS announces an additional cycle of Online Preliminary Examinations under CRP- PO/MT-X for the post of Probationary Officer/Management Trainee by releasing Supplementary Advertisement in continuation to the detailed advertisement dated 04.08.2020.

Participating Banks

  1. Bank of Baroda 
  2. Canara Bank 
  3. Indian Overseas Bank 
  4. UCO Bank
  5. Bank of India 
  6. Central Bank of India 
  7. Punjab National Bank 
  8. Union Bank of India
  9. Bank of Maharashtra 
  10. Indian Bank 
  11. Punjab & Sind Bank

Important Events With Dates

Commencement of on-line registration of application - 28/10/2020

Closure of registration of application - 11/11/2020

Closure for editing application details - 11/11/2020

Last date for printing application - 11/11/2020

Online Fee Payment - 28/10/2020 to 11/11/2020

Registration Link

https://ibpsonline.ibps.in/crppo10jul20/basic_details.php

Detailed Advertisements

https://www.ibps.in/wp-content/uploads/DetailedAdvtCRPPOX23102020.pdf

Supplementary Advertisement

https://www.ibps.in/wp-content/uploads/CRPPOSupplementary.pdf

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