North East Small Finance Bank Interview Questions, Process, and Tips

Q1. Tell us about yourself?
Ans. 
Experienced professional with a background in retail management and a passion for team leadership.
• Started career in retail as a sales associate and worked way up to management roles

• Strong leadership skills demonstrated through successful team management and development

• Passionate about delivering exceptional customer service and driving sales

• Experienced in inventory management, scheduling, and budgeting
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Q2. Tell us about your Previous job roles?
Ans. 
I have held various roles in customer service and retail management, focusing on team leadership and operational efficiency.
• Managed a team of 15 sales associates in a retail store

• Implemented new training programs to improve customer service

• Developed and executed sales strategies to meet and exceed targets

• Responsible for inventory management and merchandising

• Handled customer escalations and resolved issues effectively
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Q1. Why would we change the organisation
Ans. 
Organizational change is essential for growth, adaptability, and improved performance in a dynamic environment.
• To adapt to market changes: For example, a tech company may pivot to cloud services in response to industry trends.

• To improve efficiency: Streamlining processes can reduce costs and enhance productivity, as seen in companies adopting lean methodologies.

• To foster innovation: Encouraging a culture of creativity ...read more
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Q2. What is your expectations about salary negotiation
Ans. 
I expect a fair salary that reflects my skills, experience, and the value I bring to the organization.
• Research industry standards to understand competitive salary ranges.

• Consider the total compensation package, including benefits and bonuses.

• Be prepared to discuss my achievements and how they contribute to the company's success.

• Express flexibility while emphasizing the importance of fair compensation.

• Example: If the ma...read more
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Q1. What do you mean by sales
Ans. 
Sales refers to the process of selling products or services to customers in exchange for money or other forms of payment.
• Sales involves identifying potential customers and persuading them to make a purchase.

• It includes building relationships with customers, understanding their needs, and offering solutions.

• Sales also involves negotiating prices, closing deals, and providing after-sales support.

• Examples: selling insuran...read more
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Q1. Personal information, previous target and achievement.
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Q1. Personal background
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Q2. Fund raising experience
Ans. 
Extensive experience in fund raising through various channels and strategies.
• Led multiple successful fundraising campaigns for previous companies

• Utilized crowdfunding platforms to raise capital for new projects

• Negotiated with investors to secure funding for expansion plans
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Q3. How to dilute promoters stake
Ans. 
Promoters stake can be diluted through methods like issuing new shares, selling existing shares, or through a rights issue.
• Issuing new shares to the public or institutional investors

• Selling existing shares in the market

• Conducting a rights issue to existing shareholders

• Introducing employee stock options to increase employee ownership
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Q1. Tell me about yourself.
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Q2. Name 5 things on asset side and liabilities side balance sheet.
Ans. 
Assets and liabilities are two sides of a balance sheet. Assets are what a company owns, while liabilities are what it owes.
• Assets: cash, accounts receivable, inventory, property, equipment

• Liabilities: accounts payable, loans, salaries payable, taxes payable, bonds

• Assets are listed on the left side of the balance sheet, while liabilities are listed on the right side

• The difference between assets and liabilities is known...read more
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Carrier and ambition of life

Q1. Why do you want to do this job?
Ans. 
I am passionate about analyzing financial data and helping individuals and businesses make informed credit decisions.
• Enjoy analyzing financial data and assessing credit risk

• Passionate about helping individuals and businesses make informed credit decisions

• Excited about the opportunity to contribute to the financial health of clients

• Seeking a challenging and rewarding career in the financial industry
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Q2. What do you know about Credit Officer?
Ans. 
Credit Officers are responsible for evaluating and approving loan applications, assessing creditworthiness, and managing risk for financial institutions.
• Evaluate loan applications to determine creditworthiness

• Assess risk and make decisions on loan approvals

• Monitor and manage existing loan portfolios

• Ensure compliance with regulations and policies

• Communicate with clients to gather necessary information

• Analyze financial s...read more
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