Kogta Financial India Limited Branch Receivable Manager Interview Questions and Answers

Income assessment is a crucial part of my role as a Branch Credit Manager.

• I assess income through pay stubs, tax returns, bank statements, and employment verification.

• I analyze the consistency and stability of income to determine creditworthiness.

• I consider sources of income, such as salary, bonuses, commissions, and rental income.

• I calculate debt-to-income ratios to assess the borrower's ability to repay loans.

• I may a...read more

Assessing income of a Vada Pav vendor involves evaluating daily sales, expenses, location, customer base, and competition.

• Calculate average daily sales by observing customer traffic and pricing.

• Consider expenses such as ingredients, rent, utilities, and labor costs.

• Evaluate the location's foot traffic and potential for growth.

• Assess the vendor's customer base and loyalty.

• Analyze competition in the area and pricing stra...read more

The question is unclear and not related to credit management.

• The question is not related to credit management and seems to be incomplete or irrelevant.

• Without further context or clarification, it is impossible to provide a meaningful answer.

• It is important to ask relevant and clear questions in an interview to assess a candidate's qualifications and skills.

The number of Credit Managers should be proportional to the size of the sales team and the number of files being logged.

• The ratio of Credit Managers to sales team members should be determined based on the workload and complexity of the credit process.

• The number of files being logged should also be taken into consideration when determining the appropriate number of Credit Managers.

• For example, if there are 10 sales team...read more

Banks are regulated by RBI, while NBFCs are regulated by Companies Act. Banks can accept demand deposits, while NBFCs cannot.

• Banks are financial institutions that are regulated by the Reserve Bank of India (RBI), while Non-Banking Financial Companies (NBFCs) are regulated by the Companies Act.

• Banks can accept demand deposits, while NBFCs cannot.

• Banks can issue cheques and demand drafts, while NBFCs cannot.

• Banks can off...read more

Assessing cashflow and liquidity involves analyzing financial statements and ratios to determine the ability of a company to meet its financial obligations.

• Reviewing cash flow statements to determine the inflow and outflow of cash

• Analyzing liquidity ratios such as current ratio and quick ratio

• Assessing the company's ability to generate cash through operations

• Evaluating the company's debt-to-equity ratio and debt servic...read more