Aditya Birla Finance Area Head Interview Questions and Answers for Experienced

Legal policies are rules and regulations set by an organization to ensure compliance with laws and ethical standards.

• Legal policies outline the expectations and responsibilities of employees regarding legal matters.

• They help protect the organization from legal risks and liabilities.

• Examples include privacy policies, anti-discrimination policies, and intellectual property policies.

Our credit policy is to conduct thorough credit checks on all potential customers before extending credit terms.

• We require customers to fill out a credit application form.

• We check the customer's credit history and score.

• We may require a personal guarantee or collateral for high-risk customers.

• We set credit limits based on the customer's creditworthiness.

• We regularly review and update credit limits based on payment hist

Our technical policy focuses on utilizing cutting-edge technology to enhance sales processes and improve customer experience.

• Utilize CRM software to track customer interactions and sales progress

• Implement data analytics tools to identify trends and opportunities

• Regularly update and train sales team on new technologies and tools

• Ensure compliance with data security and privacy regulations

Our team consists of experienced sales professionals with diverse backgrounds and skill sets.

• Our team includes individuals with experience in B2B sales, retail sales, and account management.

• We have team members who specialize in cold calling, lead generation, and closing deals.

• Some of our team members have expertise in specific industries such as technology, healthcare, and finance.

Our customers range from small businesses to large corporations in various industries.

• Small businesses

• Large corporations

• Various industries (e.g. technology, healthcare, retail)

• Local businesses

• International companies

A personal loan is a type of unsecured loan that individuals can borrow from a bank or financial institution.

• Personal loans are typically used for various purposes such as debt consolidation, home improvement, or medical expenses.

• They are unsecured loans, meaning they do not require collateral.

• Interest rates on personal loans can vary based on factors such as credit score and repayment term.

• The loan amount and repaymen...read more

A code of conduct is a set of guidelines that outlines acceptable behavior and ethical standards for individuals or organizations.

• A code of conduct helps establish a positive work culture and promotes ethical decision-making.

• It provides guidelines for employees on how to interact with customers, colleagues, and stakeholders.

• Examples of code of conduct principles include honesty, respect, integrity, and confidentiality.

• ...read more

SMFG stands for Sumitomo Mitsui Financial Group, a leading Japanese financial institution.

• SMFG is one of the largest banking groups in Japan.

• It offers a wide range of financial services including banking, leasing, securities, and asset management.

• SMFG has a strong presence both domestically and internationally.

• The group operates through various subsidiaries such as Sumitomo Mitsui Banking Corporation (SMBC) and SMBC Ni...read more

To sell personal loans at high rates, emphasize the benefits of quick access to funds, flexible repayment options, and the potential to improve credit scores.

• Highlight the speed and convenience of obtaining funds

• Emphasize the flexibility in repayment terms to suit individual needs

• Explain how timely repayment can positively impact credit scores

• Provide examples of how personal loans can be used for various purposes such ...read more

I have 5 years of experience in the BSFI industry, including roles in sales, customer service, and account management.

• Worked as a Sales Executive at XYZ Bank for 2 years

• Managed a portfolio of high net-worth clients at ABC Financial Services

• Implemented successful sales strategies to increase revenue by 20%

• Stayed updated on industry trends and regulations to provide informed advice to clients