10+ Equitas Small Finance Bank Interview Questions and Answers for Freshers

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

Finance is the management of money and investments, while a bank is a financial institution that provides various financial services.

• Finance involves managing money, investments, and assets.

• Banks are financial institutions that offer services such as deposits, loans, and investments.

• Finance is a broader concept that includes banking as one of its components.

• Finance professionals may work in various industries, while bank employees work specifically in the banking sector.

Commercial banks focus on providing services to individuals and businesses, while investment banks primarily deal with corporate clients and financial markets.

• Commercial banks accept deposits from individuals and businesses, offer loans, and provide basic financial services like checking and savings accounts.

• Investment banks help companies raise capital through issuing stocks and bonds, provide advisory services for mergers and acquisitions, and engage in trading and market-m...read more

Commercial banks can be categorized into retail banks, corporate banks, and investment banks.

• Retail banks cater to individual customers and provide services like savings accounts, loans, and mortgages.

• Corporate banks focus on providing financial services to businesses, such as loans, credit lines, and treasury management.

• Investment banks specialize in capital markets activities like underwriting, mergers and acquisitions, and trading securities.

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

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

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

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.

7/12 property refers to land records maintained by the revenue department in India.

• 7/12 property records contain details like land ownership, area, type of land, etc.

• These records are important for verifying land ownership and legal disputes.

• In Maharashtra, India, 7/12 extract is used to show ownership details of agricultural land.

नमुना ड property refers to a sample property in legal terms.

• नमुना ड property is a sample property used in legal proceedings as evidence.

• It is often presented in court to demonstrate a particular point or argument.

• Examples of नमुना ड property include documents, physical objects, or digital evidence.

• The authenticity and relevance of नमुना ड property are crucial in legal cases.

There are several types of deeds, including warranty deeds, quitclaim deeds, special warranty deeds, and grant deeds.

• Warranty deeds provide the highest level of protection for the buyer

• Quitclaim deeds offer the least protection and simply transfer the grantor's interest in the property

• Special warranty deeds only guarantee against defects that occurred during the grantor's ownership

• Grant deeds are commonly used in some states to transfer property ownership