Axis Bank Interview Questions, Process, and Tips

Q1. How many methods for working capital funding.
Ans. 
There are several methods for working capital funding, including bank loans, lines of credit, trade credit, factoring, and equity financing.
• Bank loans

• Lines of credit

• Trade credit

• Factoring

• Equity financing
Answered by AI
View 1 more answer
Q2. Difference between Cash Credit limit and overdraft limit.
Ans. 
Cash credit limit is a pre-approved limit extended by the bank for working capital needs, while overdraft limit is a facility to withdraw more than the available balance in the account.
• Cash credit limit is a revolving credit facility where interest is charged on the amount utilized, while overdraft limit is a short-term loan facility where interest is charged only on the amount overdrawn.

• Cash credit limit is typically ...read more
Answered by AI
Add your answer

Q1. How many people now you in town?
Add your answer
Q2. That you prefer having bussines or job?
Ans. 
I prefer having a business over a job because it allows me to have more control over my work and potential for higher earnings.
• Having a business allows for more flexibility and autonomy in decision-making

• Potential for higher earnings and growth opportunities in a business

• Ability to create something of your own and make a bigger impact in the industry

• However, running a business also comes with higher risks and responsib
Answered by AI
Add your answer

Q1. Why should i hire
Add your answer
Q2. About previous experience
Add your answer
Q3. Good i am happy to do .and i am flexible to do job easily
Add your answer

Q1. What is negative working capital ?
Ans. 
Negative working capital occurs when current liabilities exceed current assets.
• Occurs when a company's current liabilities exceed its current assets

• Indicates potential financial trouble or inefficiency in managing assets and liabilities

• Can lead to difficulties in paying off short-term obligations

• Common in industries with long cash conversion cycles, like retail or manufacturing

• Example: Company A has $100,000 in current...read more
Answered by AI
Add your answer
Q2. What are different ratios important
Ans. 
Different ratios important for credit management include debt-to-equity ratio, current ratio, and debt service coverage ratio.
• Debt-to-equity ratio measures a company's financial leverage by comparing its total liabilities to shareholders' equity.

• Current ratio assesses a company's ability to cover its short-term liabilities with its short-term assets.

• Debt service coverage ratio evaluates a company's ability to meet its ...read more
Answered by AI
Add your answer

Normal questions basic aptitude

Topic is gender equality the important thin is you have to be confident in your statement

Q1. Introduce yourself
Ans. 
Experienced professional with a background in management and a proven track record of leading teams to success.
• Over 5 years of experience in management roles

• Strong leadership skills demonstrated through successful team projects

• Excellent communication and problem-solving abilities

• Bachelor's degree in Business Administration from XYZ University

• Previous experience as a Team Leader at ABC Company
Answered by AI
Add your answer
Q2. Why do you want to join axis bank
Ans. 
I want to join Axis Bank because of its strong reputation in the banking industry and the opportunities for growth and development it offers.
• Strong reputation in the banking industry

• Opportunities for growth and development

• Desire to work in a dynamic and challenging environment
Answered by AI
Add your answer
Q3. Why do you want to join sales
Ans. 
I am passionate about building relationships, meeting targets, and helping customers find solutions.
• I enjoy the challenge of meeting sales targets and exceeding expectations.

• I have a natural ability to build relationships and connect with customers.

• I find satisfaction in helping customers find solutions to their needs and problems.

• I am excited about the opportunity to grow and develop my skills in a sales role.
Answered by AI
Add your answer
Q4. Past internship experience or job experience
Ans. 
I have relevant internship experience in the field of management which has equipped me with valuable skills and knowledge.
• Completed a 6-month internship at XYZ Company where I assisted the Manager in daily operations

• Managed a team of interns and delegated tasks effectively

• Participated in strategic planning meetings and contributed ideas for improving efficiency

• Developed strong communication and leadership skills throug
Answered by AI
Add your answer
Q5. How will the digital shift in the world affect the banking system and its customers?
Ans. 
The digital shift in the world will revolutionize the banking system, offering convenience and efficiency to customers.
• Increased use of online banking platforms and mobile apps for transactions

• Implementation of AI and machine learning for personalized customer experiences

• Enhanced cybersecurity measures to protect customer data

• Introduction of digital currencies like Bitcoin impacting traditional banking services
Answered by AI
Add your answer
Q6. They also ask few questions about banking products, just the usual ones."
Add your answer
Q7. "What economic factors or current news do you think would affect India?"
Ans. 
Factors such as GDP growth, inflation rates, government policies, and global trade relations can affect India's economy.
• GDP growth rate: Higher growth rates indicate a strong economy, while lower rates may signal a slowdown.

• Inflation rates: High inflation can erode purchasing power and affect consumer spending.

• Government policies: Changes in policies related to taxation, subsidies, and regulations can impact businesses...read more
Answered by AI
View 1 more answer
Q8. Normal discussion on job location
Add your answer