IDFC FIRST Bank Senior Business Development Officer Interview Questions and Answers

I have consistently met and exceeded insurance targets in my previous roles.

• I have a proven track record of meeting and exceeding insurance targets in my previous positions

• I am skilled at identifying potential clients, building relationships, and closing deals to meet targets

• I am confident in my ability to fulfill insurance targets through strategic planning and effective sales techniques

Documents required for Private limited company formation

• Memorandum of Association (MOA)

• Articles of Association (AOA)

• Certificate of Incorporation

• PAN Card of the company

• Identity and address proof of directors

• Address proof of registered office

• Board resolution for opening bank account

• Declaration of compliance

• Share certificate

• Common seal (optional)

I changed banking lines due to lack of growth and features in my previous role.

• I wanted to explore new opportunities and challenges in a different industry

• The banking sector was becoming stagnant with limited innovation and career advancement

• I saw potential for personal and professional growth in a different field

• I wanted to work in a more dynamic and fast-paced environment

• I believe my skills and experience can be bett

Small finance banks are financial institutions that provide basic banking services to small businesses and low-income individuals.

• Small finance banks focus on providing financial services to underserved and unserved sections of the population.

• They offer services such as savings accounts, fixed deposits, loans, and payment services.

• These banks have a minimum capital requirement of Rs. 200 crore.

• Examples of small finance...read more