Piramal Capital Housing Finance Credit Manager Interview Questions and Answers

Q1. What is meaning of CBIL
Ans. 
CBIL stands for Credit Bureau India Limited, which is a credit information company in India.
• CBIL is a credit information company that collects and maintains credit information of individuals and businesses.

• It provides credit reports and scores to lenders to help them make informed lending decisions.

• CBIL helps in reducing the risk of default by providing accurate credit information.

• It plays a crucial role in the credit ...read more
Answered by AI
Add your answer
Q2. What are the metrics used to evaluate risk
Ans. 
Metrics used to evaluate risk include credit score, debt-to-income ratio, payment history, and credit utilization.
• Credit score: A numerical representation of a borrower's creditworthiness based on their credit history.

• Debt-to-income ratio: The percentage of a borrower's monthly income that goes towards paying debts.

• Payment history: A record of a borrower's past payments on credit accounts.

• Credit utilization: The amount
Answered by AI
Add your answer

Q1. Why your leaving privious company
Ans. 
Seeking new challenges and growth opportunities in a different work environment.
• Desire for career advancement

• Looking for new challenges

• Seeking better work-life balance

• Company restructuring or downsizing

• Relocation to a different city
Answered by AI
Add your answer
Q2. What was salary expectation
Ans. 
My salary expectation is in line with industry standards and based on my experience and qualifications.
• Research industry standards for Credit Manager salaries

• Consider my experience and qualifications when determining salary expectation

• Be open to negotiation based on the overall compensation package offered
Answered by AI
Add your answer

Group discussion with senior

Q1. Question related to salary package
Add your answer
Q2. Question related to notice period
Add your answer

Q1. Comfortable discuss his education, family and his genral knowledge, and after privious experience
Ans. Comfortable given answer self, family and his education and current job
Answered Anonymously
Add your answer
Q2. If interviewer are not eligible then say go otherwise if he is comfortable then we are trying his body language and his capacity for workload
Ans. Dress code was good formal dress with formal shoes and no any stress about work
Answered Anonymously
Add your answer
Q3. We want an educated underwriting and expert person for as a credit manager
Ans. He/she answered to us is experts in underwriting with PD and income calculation
Answered Anonymously
Add your answer
Q4. Asking about team handling and branch handling
Ans. Yes I am very comfortable with my team and my team also very comfort with me and we are solve any issues branch end and we are discussing in our joint group
Answered Anonymously
Add your answer
Q5. Any privious case discussion wherever face problems he is solve it
Ans. Any last case disburse who can your biggest case
Answered Anonymously
Add your answer
Q6. Asking about our company
Add your answer

Q1. What's your work profile and CTS
Ans. 
I have over 5 years of experience as a Credit Manager, specializing in risk assessment, credit analysis, and collections.
• Managed credit risk by analyzing financial statements and credit reports

• Developed and implemented credit policies to minimize bad debt

• Negotiated payment terms with customers to ensure timely payments

• Worked closely with sales team to evaluate creditworthiness of new customers
Answered by AI
Add your answer
Q2. Business Underwriting for Unsecured secured business loan and my current CTC **** and expected ****
Add your answer

Q1. Tell me about yourself
Add your answer
Q2. Your role at current work place
Add your answer
Q3. What are the challenges faced in your work place
Add your answer

Q1. FOIR Policy, Income Assesment, CB Check, Customer Handling, Excel, Pivot Table, Communication skill.
Add your answer

Q1. 3 Round on Telephonic.
Add your answer

Nothing , easy only logical and communication

It was easy basic logical reasoning

Q1. Introduction of yourself
Ans. 
I am an experienced Credit Manager with a strong background in financial analysis and risk assessment.
• Over 5 years of experience in credit management

• Proficient in financial analysis and risk assessment

• Strong understanding of credit policies and procedures

• Excellent communication and negotiation skills

• Proven track record of reducing bad debt and improving cash flow
Answered by AI
Add your answer
Q2. Document in credit
Ans. 
Documenting credit information is crucial for assessing risk and making informed decisions.
• Maintain detailed records of customer credit applications, approvals, and payment history

• Include relevant financial statements, credit reports, and references in the documentation

• Regularly update and review credit files to ensure accuracy and compliance with policies

• Document any communication or agreements regarding credit terms ...read more
Answered by AI
Add your answer