RBL Bank Credit Officer Interview Questions and Answers

A credit card is a plastic card that allows the holder to borrow money from a bank or financial institution to make purchases.

• Credit cards have a credit limit, which is the maximum amount of money that can be borrowed.

• Interest is charged on the amount borrowed if not paid back in full by the due date.

• Credit cards offer rewards and benefits such as cashback, points, and miles.

• They can be used for online and in-person pu...read more

Credit refers to the ability of a borrower to receive funds from a lender with the promise of repayment with interest.

• Credit is a financial tool used by individuals and businesses to access funds they may not have immediately available.

• Credit can come in many forms, such as loans, credit cards, and lines of credit.

• Credit is typically granted based on the borrower's creditworthiness, which is determined by factors such ...read more