Equitas Small Finance Bank
Ernst & Young Interview Questions and Answers
Q1. Do you about liability,how you do your business?
Yes, I am familiar with liability and ensure that all business practices are compliant with legal regulations.
I stay up to date with industry regulations and laws
I ensure that all contracts and agreements are legally binding
I work closely with legal counsel to mitigate any potential liability risks
I prioritize transparency and honesty in all business dealings
Q2. What about small finance banks
Small finance banks are specialized banks that focus on providing financial services to the unbanked and underbanked sections of society.
Small finance banks were introduced by the Reserve Bank of India in 2015 to promote financial inclusion.
They primarily serve the needs of small businesses, micro and small industries, and low-income households.
These banks offer basic banking services like deposits, loans, and remittances.
They often have a physical presence in rural and semi-...read more
Q3. Per week how many customers will be meeting?
The number of customers I will be meeting per week varies depending on the schedule and availability.
The number of customers I meet per week can range from 5 to 15 on average.
Meetings with customers may be scheduled in advance or arranged on short notice.
Some weeks may have more meetings due to events or conferences.
The number of meetings can also depend on the size and complexity of the deals being pursued.
Q4. Can you achieve the targets of casa values?
Yes, I have a proven track record of consistently achieving and exceeding casa value targets.
I have successfully met and surpassed casa value targets in my previous roles by implementing strategic marketing campaigns and building strong relationships with clients.
I have a strong understanding of the market trends and customer needs, allowing me to effectively promote casa products and services.
I am skilled in analyzing data and identifying opportunities for growth, which has ...read more
Q5. How many customers base you have?
We currently have a customer base of over 500 clients.
Our customer base includes a mix of small businesses, mid-sized companies, and large corporations.
We have been steadily growing our customer base by 10% each quarter.
Our customer retention rate is 85%, indicating high satisfaction and loyalty.
Q6. How to source your account?
Source accounts through networking, referrals, cold calling, and attending industry events.
Utilize networking events to connect with potential clients
Ask for referrals from existing clients or business partners
Cold call potential leads to introduce your services
Attend industry events to meet new prospects and build relationships
Q7. what was previous package?
Previous package was competitive and included base salary, performance bonuses, and benefits.
Base salary was in line with industry standards
Performance bonuses were tied to meeting sales targets
Benefits included health insurance and retirement contributions
Q8. How to chose equitas
Equitas can be chosen based on its reputation, financial stability, customer reviews, and product offerings.
Research Equitas' reputation in the industry and its track record of success
Evaluate Equitas' financial stability and growth potential
Read customer reviews and feedback to gauge satisfaction levels
Compare Equitas' product offerings, services, and rates with competitors
Consider the company's values, mission, and commitment to customer service
More about working at Equitas Small Finance Bank
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