What are the areas to be improved in the present banking system (based on asset quality and acquisition from open market.)

Question

Accepted Answer

The areas to be improved in the present banking system based on asset quality and acquisition from open market.

Enhancing risk management practices to minimize non-performing assets (NPAs)
Improving due diligence processes for acquiring assets from the open market
Strengthening credit underwriting standards to ensure quality loan portfolio
Implementing robust monitoring and early warning systems for timely identification of potential risks
Enhancing transparency and disclosure practices to build trust and confidence in the banking system

Accepted Answer

Provide new products and Customer needs

Accepted Answer

We have to find customers needs and what the competitors giving we to give new benefits

Popular interview questions of Credit Officer