Axis Bank Credit Card Executive Interview Questions and Answers for Experienced

Q1. How would you analyse a company if tou want to give term loan? What if cashflow is negative, will yo lend? Dscr How would you analyse a company
Ans. 
To analyze a company for a term loan, consider factors like cash flow, debt service coverage ratio (DSCR), financial statements, industry trends, and management quality.
• Examine the company's financial statements to assess its profitability, liquidity, and leverage.

• Calculate the debt service coverage ratio (DSCR) to determine if the company generates enough cash flow to cover its debt obligations.

• Evaluate the company's ...read more
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Q1. Role and responsibilities
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Q2. Why leave job and RBI guidelines and what is family in microfinance Bank and
Ans. 
Leaving job and RBI guidelines are important factors in microfinance banking.
• Leaving a job may be due to career growth opportunities or better work-life balance.

• RBI guidelines are crucial for ensuring compliance and stability in the microfinance sector.

• Family in microfinance bank refers to the close-knit team of employees working towards a common goal.

• Supportive work environment and strong team dynamics are key aspects
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Written Entrance Exam for officer with subjects English, Logical Reasoning, Mathematics, General knowledge and Banking Awareness with Current Affairs and Computer Science. I was Selected in Merit. Got 54th Rank in Gen Category

Q1. Interview was all about my Past experience and my previous job profile as I was already working in Banking Sector prior to joining in SBI. Based on my experience and satisfactory answers to the questions a...read more
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Q2. What is Turnover Method? What is Second Method of Lending? How to process a Working Capital Loan? How did you canvassed Current account in your previous organisation? Why you want to Join SBI?
Ans. 
Turnover Method is a method used by lenders to evaluate a borrower's creditworthiness based on their annual sales turnover.
• Turnover Method involves calculating a borrower's credit limit based on a percentage of their annual sales turnover.

• Second Method of Lending involves assessing a borrower's creditworthiness based on their financial statements, cash flow projections, and collateral.

• Processing a Working Capital Loan ...read more
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It's tough if you have not practiced well.

Go through current affairs regularly

Q1. Introduce yourself. Why this job after acquiring this degree. General knowledge questions
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Q1. How CC asessment is done?
Ans. 
CC assessment is done by evaluating credit history, income, debt-to-income ratio, and credit score.
• Credit history is reviewed to see if there are any missed payments or defaults.

• Income is evaluated to determine if the applicant can afford to make payments.

• Debt-to-income ratio is calculated to see if the applicant has too much debt compared to their income.

• Credit score is checked to see if the applicant has a history of...read more
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Q2. How LC assessment is done?
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LC assessment involves evaluating the creditworthiness of the issuing bank and the buyer.
• Assess the financial stability and reputation of the issuing bank

• Evaluate the creditworthiness of the buyer

• Review the terms and conditions of the LC

• Consider the country and political risks involved

• Assess the compliance of the LC with international trade regulations

• Example: Checking if the issuing bank is on the list of approved ban
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Q3. What is MPBF formula
Ans. 
MPBF formula is used to calculate the maximum permissible bank finance for a borrower.
• MPBF stands for Maximum Permissible Bank Finance.

• It is calculated by multiplying the working capital of the borrower with the margin prescribed by the bank.

• The formula is: MPBF = Working Capital x Margin

• For example, if the working capital of a borrower is $100,000 and the bank's prescribed margin is 20%, then the MPBF would be $20,000...read more
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Q1. What are your salary expectations?
Ans. 
I would expect a salary that is competitive and reflective of my experience and skills in the credit management field.
• I would expect a salary that aligns with industry standards and the responsibilities of the Credit Manager role.

• Considering my experience and expertise in credit management, I believe a fair salary range would be between $X and $Y.

• I am open to discussing salary based on the overall compensation package,...read more
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Q2. What is your family background?
Ans. 
My family background is diverse and has shaped my values and work ethic.
• My parents come from different cultural backgrounds, which has exposed me to different perspectives and traditions.

• Growing up, my family emphasized the importance of education and hard work.

• I have siblings who have pursued various careers, which has inspired me to explore different paths as well.

• My family has always been supportive and encouraged m...read more
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Q3. Share details of your previous job.
Ans. 
I worked as a Credit Manager at XYZ Company.
• Managed credit risk assessment and analysis for a portfolio of clients

• Evaluated creditworthiness of new and existing customers

• Implemented credit policies and procedures to minimize risk

• Monitored and analyzed customer payment patterns

• Negotiated payment terms and conditions with clients

• Collaborated with sales and finance teams to resolve credit-related issues

• Prepared reports on...read more
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Q4. Why are you looking for a change?
Ans. 
Seeking new challenges and growth opportunities in a different organization.
• Looking for a change to expand my skill set and knowledge in credit management.

• Seeking a more challenging role that allows me to utilize my expertise in credit analysis and risk assessment.

• Interested in joining a company with a stronger focus on innovation and technology in credit management.

• Wanting to work in a larger organization with more op...read more
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Q5. Tell me about yourself.
Ans. 
I am an experienced Credit Manager with a strong background in financial analysis and risk assessment.
• I have worked in the banking industry for over 10 years, specializing in credit management.

• I have a deep understanding of credit risk evaluation and mitigation strategies.

• I have successfully managed a portfolio of corporate clients, ensuring timely payments and minimizing bad debt.

• I am skilled in analyzing financial st...read more
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