20+ Interview Questions and Answers

KYC documents are documents required for verifying the identity of customers. PAN card is a KYC document.

• KYC documents are Know Your Customer documents used for verifying the identity of customers.

• Examples of KYC documents include Aadhaar card, passport, driver's license, and voter ID card.

• PAN card is also considered a KYC document as it contains details such as name, date of birth, and photograph of the individual.

Eligibility for a salaried employee is checked by verifying their employment status, income level, and credit history.

• Verify employment status through pay stubs or employment verification letter

• Check income level through recent pay stubs or tax returns

• Review credit history through credit reports from bureaus like Equifax or TransUnion

Pandian Grama Bank is a regional rural bank and Karur Vysya Bank is a private sector bank. Immediate cash can be obtained through ATM or over the counter withdrawal.

• Pandian Grama Bank is a regional rural bank while Karur Vysya Bank is a private sector bank

• Immediate cash can be obtained through ATM or over the counter withdrawal

• ATM withdrawals are subject to daily limits

• Over the counter withdrawals may require proper identification and account verification

CIBIL is a credit information company that provides credit scores based on an individual's credit history.

• CIBIL stands for Credit Information Bureau (India) Limited.

• It is one of the four credit information companies in India.

• CIBIL collects credit information from banks and financial institutions to generate credit reports and scores.

• Factors checked include payment history, credit utilization, length of credit history, types of credit used, and new credit inquiries.

• A high CIBI...read more

KVB's strong reputation and values align with my career goals. I plan to implement my experience to drive growth and improve customer satisfaction.

• KVB's reputation and values align with my career goals

• Implementing my experience to drive growth and improve customer satisfaction

• Suggesting changes to streamline processes and increase efficiency

• Developing a strategy to expand the customer base and increase revenue

• Focusing on the region's unique needs and tailoring solutions accor...read more

Repo rate is the rate at which the central bank lends money to commercial banks, while reverse repo rate is the rate at which the central bank borrows money from commercial banks.

• Repo rate is used by the central bank to control inflation and liquidity in the economy.

• Reverse repo rate is used to absorb excess liquidity in the market.

• Repo rate is higher than the reverse repo rate.

• Example: If the repo rate is 5% and the reverse repo rate is 4%, it means that the central bank cha...read more

LTV stands for Lifetime Value, which is the predicted net profit attributed to the entire future relationship with a customer.

• LTV helps businesses understand the long-term value of a customer and make decisions on customer acquisition and retention strategies.

• It takes into account factors such as customer acquisition cost, average purchase value, and customer lifespan.

• For example, if a customer typically makes a $100 purchase every month and stays with the company for 2 years...read more

KVB is a private sector bank in India. Current account is a type of bank account for businesses.

• KVB stands for Karur Vysya Bank

• It is a private sector bank in India

• KVB offers various banking services including savings and current accounts

• Current account is a type of bank account for businesses

• It is used for frequent transactions and has higher transaction limits

• Current accounts usually have a minimum balance requirement and charges for non-maintenance

• KVB offers different types...read more

CC stands for Cash Credit while OD stands for Overdraft.

• CC is a type of loan account where the borrower can withdraw money up to a certain limit and interest is charged on the amount withdrawn.

• OD is a type of loan account where the borrower can withdraw money up to a certain limit and interest is charged only on the amount withdrawn.

• CC is generally used for short-term financing while OD is used for long-term financing.

• CC is usually secured by collateral while OD may or may no...read more

By closely monitoring progress throughout the month, setting realistic targets, and adjusting strategies as needed, I can ensure month end targets are met.

• Regularly track progress towards targets throughout the month

• Set realistic and achievable targets at the beginning of the month

• Adjust strategies and tactics if progress is not on track

• Motivate and support team members to reach their individual targets

• Utilize data analytics to identify trends and make informed decisions

There was a people moment on a bank transaction when a customer helped an elderly person with the ATM machine.

• A customer assisting an elderly person with using the ATM machine

• A long queue forming at the bank due to a technical issue with the system

• A bank employee going above and beyond to help a customer resolve a transaction issue

Regression is a statistical method used to analyze the relationship between variables.

• Regression is used to predict the value of a dependent variable based on the values of one or more independent variables.

• Common types of regression include linear regression, logistic regression, and polynomial regression.

• In my project, I used regression to analyze the impact of marketing spending on sales revenue.

• Regression helps in identifying patterns and trends in data, making it easier ...read more

Our sum product is a software solution that streamlines sales processes and increases efficiency.

• Sum product is a cloud-based platform that integrates with CRM systems to provide real-time data analytics.

• It automates lead generation, tracks sales performance, and provides insights for strategic decision-making.

• For example, it can identify top-performing sales reps, analyze customer behavior patterns, and forecast sales trends.

KVB is a leading private sector bank in India with a strong presence in retail and corporate banking.

• KVB stands for Karur Vysya Bank

• Founded in 1916, headquartered in Karur, Tamil Nadu, India

• Offers a wide range of banking products and services including savings accounts, loans, and investment options

• Known for its customer-centric approach and innovative banking solutions

• Has a network of branches and ATMs across India

I am currently located in New York City.

• New York City

• Specific address: 123 Main Street, New York, NY

• Nearby landmarks: Central Park, Empire State Building

Recovering NPA cases requires a strategic approach involving thorough investigation and negotiation.

• Conduct a detailed analysis of the NPA cases to understand the root causes and identify potential solutions.

• Implement effective recovery strategies such as restructuring loans, settlement negotiations, or legal actions.

• Engage with borrowers to find mutually beneficial solutions and encourage timely repayments.

• Collaborate with legal and financial experts to navigate complex NPA ...read more

Loans can be explained as financial agreements where a lender provides funds to a borrower, who agrees to repay the loan with interest over a set period of time.

• Loans involve a lender providing funds to a borrower.

• The borrower agrees to repay the loan amount along with interest over a specified period.

• Loans can be used for various purposes such as purchasing a home, starting a business, or funding education.

• Types of loans include personal loans, home loans, car loans, and stu...read more

My current CTC is $80,000 per annum.

• My current CTC is $80,000 per annum

• CTC stands for Cost to Company

• It includes salary, bonuses, benefits, and any other perks provided by the company

The famous place near my city is the historic Old Town Square.

• Old Town Square is located in the heart of the city and is known for its stunning architecture.

• It is home to the famous Astronomical Clock, which attracts tourists from all over the world.

• The square is surrounded by beautiful buildings, including the Church of Our Lady before Týn and the Old Town Hall.

• There are also many cafes, restaurants, and shops in the area, making it a popular destination for both locals and ...read more

Languages are systems of communication used by humans to convey meaning through structured expressions.

• Languages can be spoken, written, or signed.

• There are thousands of languages spoken around the world.

• Languages can vary in grammar, vocabulary, and pronunciation.

• Examples include English, Spanish, Mandarin, French, and Arabic.

Revenue generation depends on various factors such as sales strategies, market conditions, and customer demand.

• Revenue generation can be influenced by the effectiveness of sales and marketing strategies.

• Market conditions, such as competition and economic trends, play a significant role in revenue generation.

• Customer demand for products or services directly impacts revenue generation.

• Diversifying revenue streams can help mitigate risks and increase overall revenue.

• Implementing...read more

Stored procedures are precompiled SQL statements stored in a database for reuse.

• Stored procedures help improve performance by reducing network traffic.

• They can be used to encapsulate business logic in the database.

• Stored procedures can be parameterized for flexibility.

• They provide a layer of security by controlling access to data.

• Examples: sp_GetCustomerById, sp_UpdateEmployeeSalary

Non-performing assets (NPAs) have a negative impact on banks by reducing profitability and liquidity.

• NPAs lead to loss of interest income for banks

• Banks have to set aside provisions for NPAs, reducing their profits

• NPAs can affect the bank's ability to lend and grow its business

• High levels of NPAs can erode investor confidence in the bank

• Examples: Punjab National Bank, Yes Bank, ICICI Bank have faced NPA issues in the past