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10+ Ugyan Edutech Interview Questions and Answers

Updated 20 Dec 2024
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Q1. What is CIBIL and Full Form of CIBIL?

Ans.

CIBIL is a credit information company that maintains credit records of individuals and companies.

  • CIBIL stands for Credit Information Bureau (India) Limited.

  • It is a credit information company that collects and maintains credit records of individuals and companies.

  • CIBIL score is a 3-digit number that represents an individual's creditworthiness.

  • Banks and financial institutions use CIBIL score to evaluate a person's creditworthiness before approving a loan or credit card.

  • CIBIL al...read more

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Q2. How to conduct PD With Customer?

Ans.

PD with customer involves assessing the probability of default for a borrower.

  • Gather information about the customer's financial history and current situation

  • Analyze the data to determine the likelihood of default

  • Consider external factors such as economic conditions and industry trends

  • Use a credit scoring model or other tools to assist in the assessment

  • Communicate the findings to the customer and make recommendations for risk mitigation

  • Continuously monitor the customer's credi...read more

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Q3. What is Credit 5cs?

Ans.

Credit 5Cs is a framework used by lenders to evaluate the creditworthiness of a borrower.

  • The 5Cs are Character, Capacity, Capital, Collateral, and Conditions.

  • Character refers to the borrower's reputation and credit history.

  • Capacity refers to the borrower's ability to repay the loan.

  • Capital refers to the borrower's assets and net worth.

  • Collateral refers to the assets that can be used as security for the loan.

  • Conditions refer to the economic and industry conditions that may aff...read more

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Q4. FOIR and IIR Description?

Ans.

FOIR and IIR are ratios used by lenders to assess the creditworthiness of borrowers.

  • FOIR stands for Fixed Obligation to Income Ratio and is calculated by dividing the borrower's fixed obligations (such as loan EMIs, rent, etc.) by their monthly income.

  • IIR stands for Installment to Income Ratio and is calculated by dividing the borrower's total loan installments by their monthly income.

  • Both ratios help lenders determine if a borrower can afford to take on additional debt.

  • For e...read more

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Q5. Are you suitable for appliedrole.

Ans.

Yes, I am suitable for the role of Credit Officer due to my strong financial background and experience in analyzing credit risk.

  • I have a degree in finance and have completed relevant courses in credit analysis.

  • I have previous experience working as a credit analyst, where I successfully assessed credit risk for various clients.

  • I am proficient in financial modeling and have a strong understanding of financial statements.

  • I have excellent communication skills, which are essential...read more

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Q6. What process following in approval

Ans.

The approval process involves several steps to assess the creditworthiness of the borrower.

  • Collect and review the borrower's financial information

  • Analyze the borrower's credit history and credit score

  • Assess the borrower's income and debt-to-income ratio

  • Evaluate the borrower's collateral or assets

  • Determine the loan amount, interest rate, and repayment terms

  • Conduct a risk assessment and make a decision on approval

  • Prepare the loan documentation

  • Communicate the approval decision t...read more

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Q7. What is cash flow analysis

Ans.

Cash flow analysis is the process of evaluating the inflows and outflows of cash in a business to assess its financial health.

  • Cash flow analysis helps determine the ability of a business to generate cash and meet its financial obligations.

  • It involves examining the sources and uses of cash, including operating activities, investing activities, and financing activities.

  • Positive cash flow indicates that a business is generating more cash than it is spending, while negative cash ...read more

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Q8. Tell about Equitas bank

Ans.

Equitas Small Finance Bank is a scheduled commercial bank in India focused on serving the financial needs of micro and small enterprises.

  • Equitas Small Finance Bank was established in 2007 as a microfinance institution before receiving a banking license in 2016.

  • The bank offers a range of financial products and services including savings accounts, fixed deposits, loans, and insurance.

  • Equitas Small Finance Bank has a strong presence in South India and aims to promote financial i...read more

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Q9. Work nature in current company

Ans.

I work as a Credit Officer in a financial institution, where I assess and analyze creditworthiness of individuals and businesses.

  • Evaluate loan applications and determine the creditworthiness of borrowers

  • Analyze financial statements, credit reports, and other relevant documents

  • Assess risks associated with lending and make recommendations for loan approvals or rejections

  • Ensure compliance with lending policies and regulations

  • Communicate with clients to gather necessary informati...read more

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Q10. Your expected Ctc

Ans.

I expect a competitive CTC based on my qualifications and experience.

  • I have a strong educational background and relevant work experience which makes me deserving of a competitive CTC.

  • I have researched the market rates for Credit Officers and have a realistic expectation.

  • I am open to negotiation and willing to consider other benefits apart from the CTC.

  • I believe my skills and contributions to the organization will justify the CTC I expect.

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Interview Process at Ugyan Edutech

based on 28 interviews
2 Interview rounds
HR Round
Group Discussion Round
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