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IDBI Bank Business Development Executive Interview Questions and Answers

Updated 29 Apr 2024

IDBI Bank Business Development Executive Interview Experiences

2 interviews found

Interview experience
2
Poor
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(1 Question)

  • Q1. Asset management

I applied via Referral

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(3 Questions)

  • Q1. Marketing strategy , Consumer behaviour, Cyber security What is ‘Fixed’ APR and ‘Variable’ APR?
  • Q2. What is consumer bank?
  • Ans. 

    Consumer bank is a financial institution that provides services and products to individual customers.

    • Offers services such as savings accounts, checking accounts, loans, credit cards, and mortgages

    • Focuses on meeting the financial needs of individual customers rather than businesses

    • Examples include Bank of America, Chase, and Wells Fargo

  • Answered by AI
  • Q3. Stock market management syste

Interview Preparation Tips

Interview preparation tips for other job seekers - Update marketing strategy ,
Consumer awareness
Cyber cell

Business Development Executive Interview Questions Asked at Other Companies

asked in BYJU'S
Q1. scenario based: if I am a teacher in a government school and my c ... read more
asked in BYJU'S
Q2. Suppose I am parent of a kid who is in class 6th convince me to b ... read more
Q3. 3. Sell me "xxxx" Product (product, for which I was hired in my l ... read more
asked in Unacademy
Q4. How would you differentiate Conveying and Convincing in Sales?
Q5. How do you differentiate between customers

Interview questions from similar companies

I applied via Naukri.com and was interviewed in Dec 2020. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. Definition of marketing?
  • Ans. 

    Marketing is the process of creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.

    • Marketing involves identifying customer needs and wants

    • Developing products or services to meet those needs and wants

    • Promoting those products or services to potential customers

    • Selling the products or services to customers

    • Building and maintaining relationships wi...

  • Answered by AI
  • Q2. Marketing is a getting and keeping the customer

Interview Preparation Tips

Interview preparation tips for other job seekers - Be prepared for field sales

I applied via Walk-in and was interviewed before Apr 2021. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. Basic information like other interviews

Interview Preparation Tips

Interview preparation tips for other job seekers - This is bank cum insurance sector. Seniors mostly Focused on Life insurance productivity then CASA FD and GI.

I applied via Recruitment Consultant and was interviewed before Oct 2020. There were 3 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. In which areas you have confidence...
  • Q2. How can you serv for this organisation
  • Q3. How are you prepared for it
  • Q4. How can manage this pressure

Interview Preparation Tips

Interview preparation tips for other job seekers - Confident hokar interview do

I appeared for an interview in Jan 2017.

Interview Preparation Tips

Round: Test
Experience: too practical
Tips: based on proper technical reasoning
Duration: 1 hour
Total Questions: 30

College Name: Prestige institute of management gwalior

I applied via Company Website and was interviewed before May 2021. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Aptitude Test 

Reasoning questions

Round 3 - HR 

(1 Question)

  • Q1. Intro and financial market details

Interview Preparation Tips

Interview preparation tips for other job seekers - Best place to work. Need to attend interview in business formals as it is proffessional job.

I applied via Recruitment Consultant and was interviewed in May 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Why do you want to join sales?

Interview Preparation Tips

Interview preparation tips for other job seekers - Just be Positive & its all about sales. if you already have Sales Experience then well & good. In this Job you have to open accounts & sale other services.

I applied via Recruitment Consultant and was interviewed before Jun 2020. There was 1 interview round.

Interview Questionnaire 

3 Questions

  • Q1. Tell me something about your self?
  • Q2. What is your ambition?
  • Q3. Where u see yourself after 5 year in this industry?

Interview Preparation Tips

Interview preparation tips for other job seekers - .....

Interview Questionnaire 

4 Questions

  • Q1. Which bank Do you Work in.
  • Ans. 

    I currently work at XYZ Bank as a Business Development Executive.

    • I work at XYZ Bank as a Business Development Executive.

    • I have been with XYZ Bank for the past two years.

    • My role at XYZ Bank involves identifying and pursuing new business opportunities.

    • I work closely with the sales and marketing teams to develop strategies for growth.

    • I have successfully brought in several new clients and increased revenue for the bank.

  • Answered by AI
  • Q2. What did you do in the last bank
  • Ans. 

    I worked as a Relationship Manager in the last bank.

    • Managed a portfolio of high net worth clients

    • Identified cross-selling opportunities and generated revenue

    • Provided financial advice and solutions to clients

    • Maintained strong relationships with clients and internal stakeholders

  • Answered by AI
  • Q3. How much of your experience has been so far
  • Ans. 

    I have 5 years of experience in business development.

    • I have worked in the business development field for 5 years.

    • During my experience, I have successfully generated new business opportunities and expanded existing client relationships.

    • I have a proven track record of meeting and exceeding sales targets.

    • I have developed and implemented strategic plans to drive business growth.

    • I have strong negotiation and communication s...

  • Answered by AI
  • Q4. Did your target in Your last bank.
  • Ans. 

    Yes

    • Yes, my target in my last bank was to acquire new corporate clients and increase the bank's market share.

    • I successfully achieved my target by identifying potential clients, conducting market research, and developing tailored solutions to meet their financial needs.

    • I exceeded my target by acquiring 10 new corporate clients within the first quarter, resulting in a 20% increase in the bank's market share.

    • I also focused...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - We should give our interview and become convinced.

IDBI Bank Interview FAQs

How many rounds are there in IDBI Bank Business Development Executive interview?
IDBI Bank interview process usually has 1-2 rounds. The most common rounds in the IDBI Bank interview process are Resume Shortlist, One-on-one Round and HR.
What are the top questions asked in IDBI Bank Business Development Executive interview?

Some of the top questions asked at the IDBI Bank Business Development Executive interview -

  1. What is consumer ba...read more
  2. Marketing strategy , Consumer behaviour, Cyber security What is ‘Fixed’ AP...read more
  3. Stock market management sy...read more

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IDBI Bank Business Development Executive Interview Process

based on 1 interview

Interview experience

2
  
Poor
View more

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IDBI Bank Business Development Executive Salary
based on 150 salaries
₹1.2 L/yr - ₹3.6 L/yr
27% less than the average Business Development Executive Salary in India
View more details

IDBI Bank Business Development Executive Reviews and Ratings

based on 42 reviews

4.1/5

Rating in categories

3.9

Skill development

3.8

Work-life balance

3.4

Salary

2.8

Job security

3.9

Company culture

3.0

Promotions

3.8

Work satisfaction

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