IDFC FIRST Bank Senior Sales Officer Interview Questions, Process, and Tips

Customer KYC stands for Know Your Customer. It is a process of verifying the identity of a customer before providing them with services.

• KYC is a mandatory process for financial institutions to prevent fraud and money laundering.

• It involves collecting personal information such as name, address, and identification documents.

• The collected information is verified against government databases.

• KYC helps in building trust bet...read more

I have a basic understanding of finance and its importance in business operations.

• I understand financial statements such as balance sheets, income statements, and cash flow statements.

• I know how to analyze financial data to make informed business decisions.

• I am familiar with financial ratios such as debt-to-equity ratio, return on investment, and profit margin.

• I understand the importance of budgeting and forecasting in...read more