ICICI Bank Credit Executive Interview Questions and Answers

Q1. What were your major findings during the audit?
Ans. 
During the audit, major findings included high levels of overdue accounts, discrepancies in financial records, and inadequate credit risk assessment procedures.
• High levels of overdue accounts were identified, indicating potential cash flow issues.

• Discrepancies in financial records were found, suggesting errors or fraud.

• Inadequate credit risk assessment procedures were noted, increasing the company's exposure to bad deb
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Q2. How do you conduct a fraud investigation?
Ans. 
Fraud investigations involve gathering evidence, analyzing data, interviewing witnesses, and collaborating with law enforcement.
• Start by gathering all relevant documents and data related to the suspected fraud.

• Conduct interviews with employees, customers, and other relevant parties to gather information and potential leads.

• Analyze financial records, transactions, and other evidence to identify any irregularities or sus...read more
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Q3. What is your motivation for seeking an individual role when you are currently in a team position?
Ans. 
I am seeking an individual role to take on more responsibility and challenge myself to grow professionally.
• Seeking new challenges and opportunities for growth

• Desire for more responsibility and autonomy

• Ability to showcase individual skills and contributions

• Personal career development goals
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Q1. How do you manage fraud investigations?
Ans. 
I manage fraud investigations by conducting thorough analysis, utilizing fraud detection tools, collaborating with law enforcement, and implementing preventative measures.
• Conduct thorough analysis of suspicious activities and transactions

• Utilize fraud detection tools and software to identify potential fraudulent behavior

• Collaborate with law enforcement agencies and regulatory bodies to investigate and prosecute fraudst...read more
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Q2. How do you plan to manage the entire Madhya Pradesh state?
Ans. 
I plan to manage the entire Madhya Pradesh state by implementing efficient credit policies, building strong relationships with clients and stakeholders, and closely monitoring credit risk.
• Developing and implementing credit policies and procedures to ensure timely and accurate credit decisions

• Building strong relationships with clients, vendors, and other stakeholders to facilitate smooth credit transactions

• Closely monit...read more
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Q1. What is the difference between OD and VC?
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Q2. How you determine drawing power?
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Q3. What is DLOD?
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Q4. What is Leverage ratio?
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Q5. Why do you what to switch job?
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Reasoning, quantitative skills, and English language proficiency.

Q1. How should one prepare for analyzing financial statements, balance sheets, and assessing limits?
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Q1. Can you provide some information about yourself?
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Q2. What is your experience related to this field?l
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Q3. Your achievements
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Reasoning, logical, and mathematical skills.

Q1. What is your current salary, and how would you like to discuss it?
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Q1. How do you fund a applicant
Ans. 
Funding an applicant involves evaluating their creditworthiness and determining the appropriate amount and terms of the loan.
• Evaluate the applicant's credit history, income, and debt-to-income ratio

• Determine the appropriate loan amount based on the applicant's financial situation

• Decide on the terms of the loan including interest rate, repayment period, and collateral requirements

• Obtain necessary documentation such as p...read more
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Q2. Ratios analysis , banking analaysis
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