Axis Bank Branch Manager Interview Questions, Process, and Tips

I have over 10 years of experience in the banking industry, with a proven track record of successfully managing teams and exceeding targets.

• Managed a team of 20+ employees in a busy branch, consistently meeting and exceeding sales targets

• Implemented new customer service initiatives that resulted in a 20% increase in customer satisfaction

• Developed and executed strategic plans to drive business growth and increase profit...read more

SLR stands for Statutory Liquidity Ratio and CLR stands for Cash Reserve Ratio.

• SLR is the minimum percentage of deposits that banks are required to maintain in the form of liquid cash, gold, or other securities.

• CLR is the minimum percentage of deposits that banks are required to maintain with the central bank in the form of cash.

• SLR is set by the Reserve Bank of India to control the expansion of credit by banks.

• CLR is ...read more

Equitable mortgage is based on the principle of equity, while registered mortgage is based on registration of the mortgage deed.

• Equitable mortgage is created by deposit of title deeds with the lender, while registered mortgage is created by registration of the mortgage deed with the relevant authority.

• In equitable mortgage, the lender has a right to sell the property in case of default, while in registered mortgage, th...read more

Charges are less in equitable mortgage due to lower risk for the lender.

• Equitable mortgage relies on the borrower's good faith and does not involve transfer of title deeds.

• Since the lender has access to the property in case of default, the risk is lower.

• This lower risk leads to reduced charges for the borrower.

Documents required to open a HUF account include identity proof, address proof, HUF declaration, PAN card, and passport size photographs.

• Identity proof such as Aadhar card, Voter ID, or Passport

• Address proof like Aadhar card, utility bill, or rental agreement

• HUF declaration signed by the Karta of the Hindu Undivided Family

• PAN card of the HUF

• Passport size photographs of the Karta

The RBI Act is a legislation that governs the functioning of the Reserve Bank of India.

• The RBI Act, 1934 is the primary legislation that governs the Reserve Bank of India.

• It outlines the objectives, powers, and functions of the RBI.

• The Act empowers the RBI to regulate the issue of banknotes, maintain reserves, and formulate monetary policy.

• It also establishes the structure of the RBI, including the roles of the Governo...read more

A public limited company is a company that offers shares to the public and has limited liability. A private limited company is a company with limited liability and restrictions on share ownership.

• Public limited companies can raise capital by selling shares to the public

• Private limited companies cannot offer shares to the public and have restrictions on share ownership

• Both types of companies have limited liability, mean...read more