AU Small Finance Bank Chief Credit Officer Interview Questions and Answers

Banking is a financial system that involves the safekeeping, lending, and management of money.

• Banking is a system that allows individuals and businesses to deposit money and earn interest on their savings.

• Banks provide loans to individuals and businesses for various purposes such as buying a house, starting a business, or funding education.

• Banks offer services like checking accounts, savings accounts, credit cards, and...read more

Working capital is the difference between current assets and current liabilities.

• Working capital is the amount of money a company has available to fund its day-to-day operations.

• It is calculated by subtracting current liabilities from current assets.

• Current assets include cash, inventory, and accounts receivable, while current liabilities include accounts payable and short-term debt.

• A positive working capital indicates...read more

Loan ag property refers to a loan that is secured by agricultural property.

• It is a type of secured loan.

• The agricultural property serves as collateral for the loan.

• The loan can be used for various agricultural purposes such as purchasing equipment, livestock, or land.

• The interest rates for these loans may vary depending on the lender and the borrower's creditworthiness.

A home loan is a type of loan provided by banks or financial institutions to help individuals purchase a home.

• Home loans are long-term loans with a repayment period of up to 30 years.

• The loan amount is usually a percentage of the property's value, and the interest rate is based on the borrower's credit score and other factors.

• Home loans can be used to purchase a new home, refinance an existing mortgage, or make home im...read more