Equitas Small Finance Bank Credit Manager Interview Questions and Answers for Experienced

The credit process involves assessing the creditworthiness of individuals or businesses to determine their eligibility for credit.

• The credit process begins with the collection of relevant financial information from the applicant.

• This information is then analyzed to evaluate the applicant's ability to repay the credit.

• Credit managers may use various tools and techniques such as credit scoring models, financial statement...read more

Identifying property involves verifying ownership and physical characteristics.

• Check property records at the county clerk's office

• Inspect the property for physical features and condition

• Verify ownership through title search or deed

• Check for liens or encumbrances on the property

• Compare property details with public records and tax assessments

Cash flow can be worked out by analyzing the inflow and outflow of cash in a business.

• Determine the starting cash balance

• Add up all cash inflows (sales, loans, investments)

• Subtract all cash outflows (expenses, loan payments, dividends)

• Calculate the ending cash balance

• Use cash flow statement to track changes in cash balance over time