IDFC FIRST Bank Credit Manager Interview Questions, Process, and Tips

Q1. Something about company
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Q1. More about Field related
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Q2. Technical questions
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Q1. What is STD in cibil ?
Ans. 
STD in CIBIL stands for 'Standard' and refers to a credit score category indicating a moderate level of creditworthiness.
• STD is one of the credit score categories used by CIBIL, a credit information company in India.

• It represents a moderate level of creditworthiness, indicating that the borrower has a fair credit history.

• Borrowers with an STD rating may have a mix of positive and negative credit behavior.

• Lenders may co...read more
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Q2. Delinquency ratio ?
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Delinquency ratio is a financial metric that measures the percentage of outstanding loans that are past due.
• Delinquency ratio is calculated by dividing the total amount of delinquent loans by the total outstanding loan balance.

• It is used by credit managers to assess the credit quality and risk of a loan portfolio.

• A high delinquency ratio indicates a higher risk of default and potential financial losses.

• For example, if ...read more
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Q3. Overall role and work process .
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Q4. Introduce yourself family background
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Q5. Why want to join here
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Normal reasoning ,English ,Aptitude questions

Q1. How many files do you sanction per month ??
Ans. 
I sanction an average of 50 files per month.
• I typically sanction around 50 files per month.

• The number of files sanctioned can vary depending on the complexity of each case.

• For example, in busier months, I may sanction up to 70 files, while in slower months, it may be closer to 40.

• I prioritize quality over quantity when sanctioning files to ensure accuracy and compliance.
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Q2. How can you assess the credit worthiness with income docs ??
Ans. 
Credit worthiness can be assessed with income docs by analyzing income stability, consistency, and sufficiency.
• Verify the source of income to ensure it is stable and reliable.

• Check for consistency in income levels over a period of time.

• Assess whether the income is sufficient to cover existing debts and potential new credit obligations.

• Look for any irregularities or discrepancies in the income documentation.

• Consider the...read more
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Q1. Introduction and my previous experiences
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Q1. Ric and banking importance Previous experiences
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Q1. Salary discussion and the documents upload
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Q1. What is dscr and ice ratio
Ans. 
DSCR stands for Debt Service Coverage Ratio and ICE Ratio stands for Interest Coverage Ratio.
• DSCR is a financial ratio that measures a company's ability to cover its debt payments with its operating income.

• It is calculated by dividing the company's operating income by its total debt service.

• A DSCR of 1 or higher indicates that the company is generating enough income to cover its debt obligations.

• ICE Ratio, on the other...read more
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Q1. Relating to Credit underwriting
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Q1. Salary regarding, and job location, product handling
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