Equitas Small Finance Bank Credit Operations Officer Interview Questions and Answers

RBI has issued recent directions on willful defaulters to prevent loan defaults and improve credit discipline.

• RBI has mandated banks to report all willful defaulters to Credit Information Companies (CICs).

• The central bank has also directed banks to publish photographs of willful defaulters in newspapers.

• RBI has set up a Central Repository of Information on Large Credits (CRILC) to track defaulters with exposure of Rs. ...read more

Bank of Maharashtra offers various MSME products to support small and medium enterprises.

• BOM offers MSME loans for working capital, term loans, and project finance.

• They provide customized financial solutions based on the needs of the MSME sector.

• BOM also offers trade finance facilities like letter of credit and bank guarantees to MSMEs.

• The bank has specific schemes like Stand-Up India and Mudra Yojana to support MSMEs.

• ...read more

Documents required for loan applications include proof of income, identification, credit history, and collateral.

• Proof of income such as pay stubs or tax returns

• Identification documents like driver's license or passport

• Credit history report from credit bureaus

• Collateral documentation for secured loans

To analyze a company for a term loan, consider factors like cash flow, debt service coverage ratio (DSCR), financial statements, industry trends, and management quality.

• Examine the company's financial statements to assess its profitability, liquidity, and leverage.

• Calculate the debt service coverage ratio (DSCR) to determine if the company generates enough cash flow to cover its debt obligations.

• Evaluate the company's ...read more

Analyzing a balance sheet involves examining assets, liabilities, and equity to determine financial health.

• Start by calculating the current ratio to assess liquidity

• Examine the debt-to-equity ratio to evaluate leverage

• Analyze the inventory turnover ratio to assess efficiency

• Look at the return on equity to evaluate profitability

• Compare the balance sheet to previous periods and industry benchmarks

• Consider any off-balance...read more