10+ Cholamandalam Investment & Finance Interview Questions and Answers

Key factors to consider while offering working capital to the consumer

• Assess the creditworthiness of the consumer

• Evaluate the business plan and financial projections

• Consider the industry and market trends

• Determine the purpose of the working capital

• Assess the collateral and security offered

• Evaluate the repayment capacity of the consumer

• Consider the interest rates and fees

• Monitor the usage of the working capital

Banking is an essential part of the economy and plays a crucial role in managing finances.

• Banking provides a safe and secure way to store and manage money.

• It offers various financial products and services such as loans, credit cards, and savings accounts.

• Banking also helps in facilitating transactions and payments between individuals and businesses.

• It is constantly evolving with the use of technology, making banking more convenient and accessible.

• Overall, banking is important...read more

Integrity is crucial in banking as it builds trust and credibility with customers and stakeholders.

• Integrity ensures that banks operate ethically and transparently.

• It helps to prevent fraud and corruption within the banking system.

• Customers are more likely to trust banks that prioritize integrity.

• Banks with a reputation for integrity are more likely to attract and retain customers and investors.

• Examples of integrity in banking include honest communication, fair treatment of c...read more

ULIP policies have various charges like premium allocation, fund management, mortality, surrender, etc.

• Premium allocation charge is deducted from the premium paid and is a percentage of the premium

• Fund management charge is levied on the fund value and is a percentage of the same

• Mortality charge is deducted to provide life cover and is based on the age and sum assured

• Surrender charge is applicable if the policy is surrendered before the lock-in period

• Partial withdrawal charge ...read more

Eligibility for Working Capital is calculated based on various factors such as credit score, cash flow, collateral, and industry type.

• Credit score is an important factor in determining eligibility for working capital loans.

• Cash flow is also considered as it shows the ability to repay the loan.

• Collateral can increase the chances of approval and may also affect the interest rate.

• Industry type can also play a role in eligibility as some industries are considered riskier than oth...read more

Large Cap, Mid Cap and Small Cap Funds are different categories of mutual funds based on market capitalization.

• Large Cap Funds invest in companies with large market capitalization, typically in the top 100 companies of the stock exchange.

• Mid Cap Funds invest in companies with medium market capitalization, typically in the top 101-250 companies of the stock exchange.

• Small Cap Funds invest in companies with small market capitalization, typically in the top 251-500 companies of ...read more

Current client base consists of high net worth individuals and small businesses. Acquiring new clients through networking events, referrals, and targeted marketing strategies.

• Current client base includes high net worth individuals and small businesses

• Acquiring new clients through networking events

• Acquiring new clients through referrals

• Acquiring new clients through targeted marketing strategies

Term loan is a fixed amount of loan taken for a specific period while OD is a flexible loan that can be used as per requirement.

• Term loan has a fixed repayment schedule while OD has no fixed repayment schedule.

• Interest is charged on the entire amount of term loan while interest is charged only on the amount used in OD.

• Term loan is ideal for long-term investments while OD is ideal for short-term cash flow needs.

• Examples of term loan include home loan, car loan, etc. while exam...read more

I handle work under pressure by prioritizing tasks, staying organized, and maintaining a positive attitude.

• Prioritize tasks based on deadlines and importance

• Stay organized by creating to-do lists and setting reminders

• Maintain a positive attitude by taking short breaks, practicing deep breathing, and seeking support from colleagues

• Communicate effectively with team members to delegate tasks and manage workload efficiently

Sensex and Nifty are currently experiencing a bullish trend.

• Sensex and Nifty have been consistently rising over the past few weeks.

• As of today, Sensex is at 52,474.76 and Nifty is at 15,799.35.

• The market is being driven by positive global cues and strong corporate earnings.

• Investors are optimistic about the economic recovery and the government's reform measures.

• However, there are concerns about rising inflation and the impact of the pandemic on the economy.