IDFC FIRST Bank Interview Questions, Process, and Tips

Q1. Can you describe your current roles and responsibilities?
Ans. 
I am currently responsible for leading a team of data scientists, developing and implementing data-driven strategies, and ensuring the quality and accuracy of data analysis.
• Leading a team of data scientists

• Developing and implementing data-driven strategies

• Ensuring quality and accuracy of data analysis
Answered by AI
Add your answer
Q2. What are the technical details of one of your projects?
Ans. 
Developed a predictive model for customer churn using machine learning algorithms.
• Used Python for data preprocessing and model building

• Applied techniques like feature engineering and hyperparameter tuning

• Evaluated model performance using metrics like accuracy, precision, and recall
Answered by AI
Add your answer

Q1. What is the loss function used in XGBoost?
Ans. 
The loss function used in XGBoost is typically the gradient boosting algorithm.
• XGBoost uses the gradient boosting algorithm to minimize the loss function

• Common loss functions include regression loss functions like squared error and logistic loss for classification

• Users can also define custom loss functions in XGBoost
Answered by AI
Add your answer
Q2. Logical puzzle question
Add your answer

Q1. What are your professional aspirations?
Ans. 
My professional aspiration is to lead a team of data scientists to drive impactful insights and innovations.
• Lead a team of data scientists to tackle complex problems

• Drive impactful insights and innovations through data analysis

• Continuously learn and stay updated on the latest trends in data science

• Collaborate with cross-functional teams to implement data-driven solutions
Answered by AI
Add your answer
Q2. Puzzle question
Add your answer
Q3. Mathematical series question
Add your answer

Q1. What is the reason for leaving your current organization?
Ans. 
Seeking new challenges and growth opportunities in a more innovative environment.
• Desire for new challenges and growth opportunities

• Seeking a more innovative work environment

• Looking to expand skill set and knowledge in data science
Answered by AI
Add your answer
Q2. What are your reasons for wanting to join IDFC?
Ans. 
I am excited about the opportunity to contribute my data science skills to IDFC's innovative projects and make a meaningful impact.
• Excited about contributing data science skills to innovative projects at IDFC

• Opportunity to make a meaningful impact through data-driven solutions

• Interested in working with a reputable organization like IDFC
Answered by AI
Add your answer
Q3. What are your strengths and weaknesses?
Ans. 
My strengths include strong analytical skills and attention to detail. My weaknesses include a tendency to overthink and difficulty delegating tasks.
• Strengths: strong analytical skills

• Strengths: attention to detail

• Weaknesses: tendency to overthink

• Weaknesses: difficulty delegating tasks
Answered by AI
Add your answer

Q1. Explain your Professional Experience
Add your answer
Q2. Explain your Revenue Achievement Target specially for Sales Division
Add your answer

Basically 4 section
1) Numerical Ability
2) Reasoning
3) English Comprehensive
4) Banking Knowledge

Q1. Tell me about your Major Sales Qualities
Add your answer
Q2. Tackle our organization pressure
Add your answer

Q1. Case studies, puzzle , Sql, guesstimate, projects
Add your answer

Q1. Puzzles, probability, work experience
Add your answer

Q1. Python, pyspark
Add your answer

Q1. Behavioral round
Add your answer

Q1. What were you looking last organisation.
Add your answer
Q2. Banking products knowledge
Add your answer
Q3. Customer handling, sales Banking products.
Add your answer

Financial related. Banking related questions.