BlackBuck Manager - CRM Interview Questions and Answers

Q1. Process of lending
Ans. 
The process of lending involves evaluating the creditworthiness of borrowers and determining the terms and conditions of the loan.
• Assessing the creditworthiness of borrowers by reviewing their credit history, income, and financial statements

• Analyzing the borrower's ability to repay the loan by considering their debt-to-income ratio and cash flow

• Determining the loan amount, interest rate, and repayment period based on t...read more
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Q2. Working capital
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Q1. Risks involved in lending
Ans. 
Risks involved in lending include credit risk, interest rate risk, and operational risk.
• Credit risk: the risk of borrowers defaulting on their loans

• Interest rate risk: the risk of interest rates changing and affecting loan repayments

• Operational risk: the risk of errors or fraud in the lending process

• Other risks: such as liquidity risk, market risk, and regulatory risk
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Q2. Handling of the risks
Ans. 
Handling of risks involves identifying, assessing, and mitigating potential risks to minimize financial losses.
• Identify potential risks by analyzing credit reports, financial statements, and market trends.

• Assess the likelihood and impact of each risk to prioritize mitigation efforts.

• Implement risk mitigation strategies such as setting credit limits, requiring collateral, or adjusting payment terms.

• Regularly monitor and...read more
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E commerce Business scope in India