ICICI Bank Wealth Manager Interview Questions, Process, and Tips for Experienced

Current economic times are uncertain due to the ongoing COVID-19 pandemic.

• COVID-19 pandemic has caused a global economic slowdown

• Many businesses have been forced to shut down or reduce operations

• Unemployment rates have increased in many countries

• Governments have implemented stimulus packages to support the economy

• Stock markets have been volatile

• Remote work has become more common

• Consumer spending has decreased in some s...read more

Investing in mutual funds provides diversification, professional management, and accessibility to a variety of asset classes.

• Mutual funds offer diversification by investing in a variety of stocks, bonds, and other securities.

• Professional management ensures that your investments are being monitored and adjusted as needed.

• Mutual funds are accessible to investors of all levels, with low minimum investment requirements.

• Exa...read more

CASA is important for banks as it provides a stable source of low-cost funds.

• CASA stands for Current Account and Savings Account

• CASA deposits are considered as low-cost funds for banks

• CASA deposits provide a stable source of funds for banks

• Banks can use CASA deposits to lend and invest at higher rates

• CASA deposits help banks to reduce their cost of funds

• CASA deposits also help banks to improve their liquidity position