South Indian Bank Banking Officer Interview Questions and Answers

BANKING IN GENERAL - New trend along with interview

Q1. Diff between cc and od
Ans. 
CC stands for Cash Credit while OD stands for Overdraft.
• CC is a type of loan account where the borrower can withdraw money up to a certain limit and interest is charged on the amount withdrawn.

• OD is a type of loan account where the borrower can withdraw money up to a certain limit and interest is charged only on the amount withdrawn.

• CC is generally used for short-term financing while OD is used for long-term financing.

• ...read more
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Q2. Financial ratios bankingngeneralnawareness
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Basic LI DI and quants questions

Random topics related to everyday news

Q1. Basic HR round about background
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Q1. Banking related questions like Repo rates and any new regulations of RBI
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Q2. What is repo rate?
Ans. 
Repo rate is the rate at which the central bank of a country lends money to commercial banks.
• Repo rate is used by central banks to control inflation and liquidity in the economy.

• A higher repo rate means commercial banks will borrow at a higher interest rate, leading to less money in circulation.

• Conversely, a lower repo rate encourages borrowing and spending, stimulating economic growth.

• For example, if the repo rate is ...read more
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Q3. What happens if repo or reverse repo rates increased?
Ans. 
Increase in repo or reverse repo rates can lead to higher borrowing costs for banks, impacting liquidity and interest rates in the economy.
• Higher repo or reverse repo rates can lead to increased borrowing costs for banks, as they have to pay more interest on funds borrowed from the central bank.

• This can result in a decrease in liquidity in the banking system, as banks may be less willing to lend to each other or to cus...read more
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Q4. What is inflation? What should be the measures to curb it by RBI?
Ans. 
Inflation is the rate at which the general level of prices for goods and services is rising, leading to a decrease in purchasing power.
• Inflation is measured by the Consumer Price Index (CPI) or the Wholesale Price Index (WPI).

• RBI can curb inflation by increasing interest rates, reducing money supply, and implementing fiscal policies.

• RBI can also use open market operations, reserve requirements, and exchange rate polici...read more
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General mathematical and ligocal reasoning questions. General english

Random topic and you have to share your thoughts within 1 min

Q1. Why banking after engineer
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Q2. What are your strengths and weaknesses
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Reasoning, apptitude test only

Q1. Basic details in resume and experience
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Q1. Basic experience details in resume. Customer base how much you worth in your area.
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Q1. General experience with previous organization
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Q2. General quedtons based on previous experience
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Q1. Why you need banking job
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