Paytm Payments Bank Sales Team Leader Interview Questions and Answers for Experienced

Banks earn money through various sources such as interest on loans, fees, investments, and trading.

• Interest on loans

• Fees (e.g. account maintenance fees, ATM fees, overdraft fees)

• Investments (e.g. stocks, bonds, mutual funds)

• Trading (e.g. foreign exchange, commodities)

• Credit card interest and fees

To deal with clients and convince them, it is important to build rapport, understand their needs, provide solutions, and showcase value.

• Build rapport by actively listening and showing genuine interest in their concerns.

• Understand their needs by asking open-ended questions and conducting thorough research.

• Provide solutions that align with their goals and address their pain points.

• Showcase value by highlighting the uniqu...read more

CASA stands for Current Account and Savings Account. It refers to the deposits made by customers in a bank.

• CASA is a type of bank account where customers can deposit their money.

• It includes both current accounts and savings accounts.

• CASA deposits are considered to be low-cost funds for banks.

• Banks offer higher interest rates on savings accounts to attract more customers.

• CASA ratio is an important metric for banks to me...read more

New bank policies aim to improve customer experience and security.

• Banks are implementing more advanced security measures to protect customer data

• Digital banking is becoming more prevalent, with banks offering more online and mobile services

• Some banks are offering incentives for customers to switch to paperless statements and online banking

• There is a focus on improving customer service and reducing wait times in branche...read more