IDBI Bank Business Development Executive and Account Manager Interview Questions and Answers

I will sell insurance policy by highlighting its benefits and tailoring it to the customer's needs.

• I will listen to the customer's needs and concerns before presenting the policy

• I will emphasize the benefits of the policy, such as financial security and peace of mind

• I will tailor the policy to the customer's specific needs and budget

• I will provide clear and transparent information about the policy, including coverage a...read more

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.

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

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...read more

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...read more