India Shelter Finance Corporation Associate Credit Manager Interview Questions and Answers

Credit assessment involves analyzing applicant's cash flow and repayment intentions through various methods.

• Types of credit assessment include credit reports, financial statements, and credit scoring models.

• Methods to evaluate applicant cash flow include analyzing income sources, expenses, and debt obligations.

• To assess repayment intentions, lenders may consider credit history, employment stability, and willingness to ...read more

Background verification of pd customers is an essential step in assessing creditworthiness.

• Background verification helps in evaluating the financial history and creditworthiness of potential customers.

• It involves checking the customer's credit score, payment history, and any outstanding debts.

• Verification may also include contacting references, employers, and conducting criminal record checks.

• The process helps in minim...read more

Assessing a credit proposal involves analyzing the borrower's financial history, creditworthiness, and ability to repay the loan.

• Review the borrower's credit report and score

• Analyze the borrower's income and expenses

• Evaluate the purpose of the loan and the borrower's ability to repay it

• Consider any collateral or guarantors offered by the borrower

• Assess the overall risk of the loan and make a recommendation