IDFC FIRST Bharat Credit Analyst Interview Questions and Answers

Quants logical, verbal ability, situation

Q1. Tell me something about yourself
Ans. 
I am a detail-oriented credit analyst with a strong background in financial analysis and risk assessment.
• I have a Bachelor's degree in Finance and have completed courses in credit analysis.

• I have experience analyzing financial statements, assessing creditworthiness, and making recommendations for loan approvals.

• I am proficient in using financial modeling software and Excel to analyze data and create reports.

• I have exce...read more
Answered by AI
Add your answer
Q2. Finance related balance sheet cash flow
Add your answer

Q1. Explain PD and LGD models
Ans. 
PD and LGD models are used in credit analysis to estimate the probability of default and loss given default.
• PD (Probability of Default) model estimates the likelihood of a borrower defaulting on a loan.

• LGD (Loss Given Default) model estimates the amount of loss a lender may incur if a borrower defaults.

• These models are used by credit analysts to assess credit risk and make informed lending decisions.

• PD models often use...read more
Answered by AI
Add your answer
Q2. What is the difference between Basel and IFRS9 norms
Ans. 
Basel norms focus on capital adequacy and risk management for banks, while IFRS9 norms focus on accounting standards for financial instruments.
• Basel norms are set by the Basel Committee on Banking Supervision to ensure banks maintain adequate capital to cover risks.

• IFRS9 norms are accounting standards set by the International Financial Reporting Standards Foundation to address classification and measurement of financia...read more
Answered by AI
Add your answer

Q1. General questions
Add your answer

Q1. Why do you want to join
Add your answer

Q1. Formula regarding valuation DCF calculation formula Ratios formula and interpretation
Ans. 
Valuation formulas in credit analysis
• DCF calculation formula is used to estimate the value of an investment based on its future cash flows discounted back to present value

• Ratios formula includes Debt-to-Equity ratio, Current ratio, and Interest Coverage ratio to assess a company's financial health

• Interpretation of ratios involves comparing them to industry benchmarks and historical data
Answered by AI
Add your answer

Q1. Mutual funds, OTC, Credit rating
Add your answer

Q1. They just asked me the introduction and my previous package
Add your answer

Basic comprehensive english, reasoning etc

Q1. Introduce yourself
Add your answer
Q2. Why american express
Add your answer
Q3. Why do you want to switch
Add your answer
Q4. Have you ever has a conflict with any of your coworker?
Add your answer
Q5. What are the things you’d want your current manager to improve
Add your answer

Q1. Tell me about yourself.
Add your answer
Q2. What is the salary expectations.
Add your answer

Q1. Behavioural trait questions
Add your answer

Q1. Capital market related questions
Add your answer