IDFC FIRST Bank
HiveMinds Innovative Market Solutions Interview Questions and Answers
Q1. What all are the products that you are aware of
I am aware of various banking and financial products such as savings accounts, loans, credit cards, and investment options.
Savings accounts
Loans
Credit cards
Investment options
Q2. Deal with STR clint and which asset are funding
Dealing with STR client involves understanding their specific needs and finding suitable assets for funding.
Understand the client's risk tolerance and investment goals
Identify assets that align with the client's needs, such as real estate, stocks, or bonds
Ensure the assets chosen for funding meet regulatory requirements and are suitable for the client's financial situation
Q3. What do you know about banking?
Banking involves financial services such as deposits, loans, investments, and transactions.
Banking involves accepting deposits from customers and providing loans to individuals and businesses.
Banks also offer various financial products such as savings accounts, credit cards, and investment options.
Banking involves facilitating transactions such as wire transfers, bill payments, and ATM withdrawals.
Banks play a crucial role in the economy by providing liquidity, credit, and fi...read more
Q4. What was the book size
I'm sorry, I need more context. Could you please clarify which book you are referring to?
Please provide more information about the book in question
Is it a specific book or a general category?
What is the relevance of the book size to the position of Relationship Manager?
Q5. Why banking and sales
I chose banking and sales because I enjoy building relationships and helping clients achieve their financial goals.
I have a passion for finance and helping others manage their money effectively.
I enjoy the challenge of meeting sales targets and building a strong client base.
I have strong communication and interpersonal skills, which are essential for success in banking and sales.
I find satisfaction in helping clients navigate complex financial products and services to find th...read more
Q6. Last CTC in the banking
My last CTC in banking was $60,000 per annum.
My last CTC in banking was $60,000 per annum
I received an annual salary of $60,000 in my previous banking role
My last compensation package in banking amounted to $60,000 per year
More about working at IDFC FIRST Bank
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