Cholamandalam Investment & Finance Credit Operation Executive Interview Questions and Answers

PD and LGD models are used in credit analysis to estimate the probability of default and loss given default.

• PD (Probability of Default) model estimates the likelihood of a borrower defaulting on a loan.

• LGD (Loss Given Default) model estimates the amount of loss a lender may incur if a borrower defaults.

• These models are used by credit analysts to assess credit risk and make informed lending decisions.

• PD models often use...read more

Basel norms focus on capital adequacy and risk management for banks, while IFRS9 norms focus on accounting standards for financial instruments.

• Basel norms are set by the Basel Committee on Banking Supervision to ensure banks maintain adequate capital to cover risks.

• IFRS9 norms are accounting standards set by the International Financial Reporting Standards Foundation to address classification and measurement of financia...read more

I am a detail-oriented Credit Risk Analyst with a strong background in financial analysis and risk assessment.

• I have a Bachelor's degree in Finance and several years of experience in the banking industry.

• I am skilled in analyzing credit reports, assessing financial statements, and identifying potential risks.

• I have a proven track record of making sound credit decisions and implementing risk mitigation strategies.

• I am p...read more

Different classes of assets include fixed assets, current assets, intangible assets, and financial assets.

• Fixed assets: Tangible assets like property, plant, and equipment

• Current assets: Liquid assets like cash, accounts receivable, and inventory

• Intangible assets: Non-physical assets like patents, trademarks, and goodwill

• Financial assets: Investments like stocks, bonds, and derivatives