Seeds Fincap Branch Credit Manager Interview Questions and Answers

Q1. What is your area of interest
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Q2. How you would assess loan worthiness
Ans. 
Assessing loan worthiness involves analyzing credit history, income, debt-to-income ratio, and collateral.
• Review credit history and credit score

• Evaluate income and employment stability

• Calculate debt-to-income ratio

• Assess collateral value

• Consider borrower's payment history and financial behavior

• Verify identity and personal information
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Q1. Good to work if you want money only no job satisfaction
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Q1. What is banking company
Ans. 
A banking company is a financial institution that provides banking services to customers.
• A banking company accepts deposits from customers and provides loans and other financial services.

• Examples of banking companies include JPMorgan Chase, Bank of America, and Wells Fargo.

• Banking companies are regulated by government agencies such as the Federal Reserve and FDIC.

• They play a crucial role in the economy by facilitating ...read more
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Q1. Question related to Credit Underwriting
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Q1. What is your skill
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Good is communication

Q1. Why you want to join us
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Q1. Credit appraisal process
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Q1. Explain NPA norms
Ans. 
NPA norms refer to guidelines set by the Reserve Bank of India for classification of non-performing assets in banks.
• NPA stands for Non-Performing Asset

• RBI categorizes NPAs based on the period for which the asset has remained non-performing

• Different categories include Substandard Assets, Doubtful Assets, and Loss Assets

• Banks are required to make provisions for NPAs based on RBI guidelines
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Q2. What are retail banking assets
Ans. 
Retail banking assets are financial products and services offered to individual customers by banks.
• Includes savings accounts, checking accounts, personal loans, mortgages, credit cards, and certificates of deposit

• These assets generate revenue for the bank through interest payments and fees

• Banks use retail banking assets to attract and retain customers
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Q3. What is difference between reserve capital and capital reserve
Ans. 
Reserve capital is the amount of funds set aside by a company for specific purposes, while capital reserve is the profit earned by a company that is not distributed to shareholders.
• Reserve capital is a part of the company's share capital that cannot be distributed as dividends to shareholders.

• Capital reserve is created from profits earned by a company and is not distributed to shareholders but kept for specific purpose...read more
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Q4. Family background
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Q5. What are your expectations from your first job
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