Navi Finserv Credit Manager Interview Questions and Answers

DSCR stands for Debt Service Coverage Ratio. It signifies a company's ability to pay its debts.

• DSCR is a financial ratio that measures a company's ability to pay its debts based on its cash flow.

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

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

• A DSCR below 1 indicates th...read more

Lending policies are guidelines set by financial institutions to determine who can borrow money and under what conditions.

• Lending policies are based on factors such as credit score, income, debt-to-income ratio, and collateral.

• Financial institutions use lending policies to manage risk and ensure that borrowers are able to repay their loans.

• Lending policies may vary depending on the type of loan and the institution offe...read more

Yes, I have some information about tractors.

• I know that tractors are commonly used in agriculture for plowing, tilling, and planting.

• Tractors come in different sizes and types, such as utility tractors, row-crop tractors, and compact tractors.

• I am aware that some tractors are equipped with attachments like loaders, backhoes, and mowers.

• I also know that tractors require regular maintenance and repairs to ensure their op

Deferred tax is a liability that arises due to temporary differences between accounting and tax rules. Bank guarantee is a commitment by a bank to pay a specified amount if the beneficiary fails to meet certain obligations.

• Deferred tax is a result of differences in timing between when income or expenses are recognized for accounting purposes and when they are recognized for tax purposes.

• Bank guarantee is a form of secu...read more

A bank guarantee is a promise from a bank to pay a specified amount if the person or company requesting the guarantee fails to fulfill their obligations.

• Bank guarantees are often used in international trade to ensure payment and delivery of goods.

• They can also be used in construction projects to ensure completion of the project.

• The bank issuing the guarantee will typically require collateral or a fee from the person or...read more

RBI's monetary policy regulates the supply and cost of money in the economy.

• RBI uses various tools like repo rate, reverse repo rate, CRR, SLR, etc. to control inflation and maintain economic stability.

• Repo rate is the rate at which RBI lends money to commercial banks, while reverse repo rate is the rate at which it borrows from them.

• CRR (Cash Reserve Ratio) is the percentage of deposits that banks have to keep with RB...read more