ANZ Banking Group Credit Manager Interview Questions and Answers

Axis Bank offers a range of products for processing including loans, credit cards, savings accounts, and investment options.

• Loans such as personal loans, home loans, and car loans

• Credit cards with various rewards and benefits

• Savings accounts with competitive interest rates

• Investment options such as mutual funds and fixed deposits

As a Credit Analyst, I would collect details about the business to assess its creditworthiness.

• Business financial statements (income statement, balance sheet, cash flow statement)

• Credit history and payment behavior

• Industry trends and market conditions

• Management team and their experience

• Collateral and assets

• Legal and regulatory compliance

• Customer base and revenue streams

Credit refers to the ability of a borrower to receive funds from a lender with the promise of repayment with interest.

• Credit is a financial tool used by individuals and businesses to access funds they may not have immediately available.

• Credit can come in many forms, such as loans, credit cards, and lines of credit.

• Credit is typically granted based on the borrower's creditworthiness, which is determined by factors such ...read more

Leverage is the use of borrowed funds to increase potential returns on an investment.

• Leverage involves borrowing money to invest in an asset with the hope of earning a higher return than the cost of borrowing.

• It amplifies both gains and losses, so it can increase potential profits but also increase risk.

• Examples of leverage include using a mortgage to buy a house or using margin to buy stocks.

• Leverage is commonly used ...read more