ICICI Home Finance Portfolio Credit Manager Interview Questions and Answers

Q1. What do you know about NBFC and banking sector
Ans. 
NBFC stands for Non-Banking Financial Company, which are financial institutions that provide banking services without meeting the legal definition of a bank.
• NBFCs are financial institutions that offer banking services like loans, credit facilities, and investments, but do not hold a banking license.

• They play a crucial role in providing financial services to individuals and businesses who may not have access to traditio...read more
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Q2. What is repo rate
Ans. 
Repo rate is the rate at which the central bank lends money to commercial banks for short-term periods.
• Repo rate is set by the central bank to control liquidity in the economy.

• It is used as a tool for monetary policy.

• Higher repo rates discourage banks from borrowing money, leading to less money in circulation.

• Lower repo rates encourage banks to borrow money, increasing liquidity in the economy.

• For example, if the centr...read more
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Q1. Can you work late night
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Q2. Are you comfortable in travelling
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