State Bank of India Credit Risk Analyst Interview Questions and Answers

Q1. Experience with Cloud services
Ans. 
I have experience working with cloud services such as AWS, Azure, and Google Cloud.
• Managed data storage and processing on AWS S3 and EC2 instances

• Utilized Azure Machine Learning for predictive modeling

• Implemented Google Cloud Platform for real-time data analytics
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Q2. Familiarity with PySpark
Ans. 
PySpark is a Python API for Apache Spark, used for big data processing and analytics.
• PySpark is a Python API for Apache Spark, a distributed computing system.

• It allows for parallel processing of large datasets using Spark's distributed framework.

• PySpark provides high-level APIs in Python for Spark programming, making it easier to work with big data.

• Example: PySpark can be used for data preprocessing, machine learning,
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Q1. What were your major findings during the audit?
Ans. 
During the audit, major findings included high levels of overdue accounts, discrepancies in financial records, and inadequate credit risk assessment procedures.
• High levels of overdue accounts were identified, indicating potential cash flow issues.

• Discrepancies in financial records were found, suggesting errors or fraud.

• Inadequate credit risk assessment procedures were noted, increasing the company's exposure to bad deb
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Q2. How do you conduct a fraud investigation?
Ans. 
Fraud investigations involve gathering evidence, analyzing data, interviewing witnesses, and collaborating with law enforcement.
• Start by gathering all relevant documents and data related to the suspected fraud.

• Conduct interviews with employees, customers, and other relevant parties to gather information and potential leads.

• Analyze financial records, transactions, and other evidence to identify any irregularities or sus...read more
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Q3. What is your motivation for seeking an individual role when you are currently in a team position?
Ans. 
I am seeking an individual role to take on more responsibility and challenge myself to grow professionally.
• Seeking new challenges and opportunities for growth

• Desire for more responsibility and autonomy

• Ability to showcase individual skills and contributions

• Personal career development goals
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Q1. How do you manage fraud investigations?
Ans. 
I manage fraud investigations by conducting thorough analysis, utilizing fraud detection tools, collaborating with law enforcement, and implementing preventative measures.
• Conduct thorough analysis of suspicious activities and transactions

• Utilize fraud detection tools and software to identify potential fraudulent behavior

• Collaborate with law enforcement agencies and regulatory bodies to investigate and prosecute fraudst...read more
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Q2. How do you plan to manage the entire Madhya Pradesh state?
Ans. 
I plan to manage the entire Madhya Pradesh state by implementing efficient credit policies, building strong relationships with clients and stakeholders, and closely monitoring credit risk.
• Developing and implementing credit policies and procedures to ensure timely and accurate credit decisions

• Building strong relationships with clients, vendors, and other stakeholders to facilitate smooth credit transactions

• Closely monit...read more
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Reasoning, quantitative skills, and English language proficiency.

Q1. How should one prepare for analyzing financial statements, balance sheets, and assessing limits?
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Q1. How do you fund a applicant
Ans. 
Funding an applicant involves evaluating their creditworthiness and determining the appropriate amount and terms of the loan.
• Evaluate the applicant's credit history, income, and debt-to-income ratio

• Determine the appropriate loan amount based on the applicant's financial situation

• Decide on the terms of the loan including interest rate, repayment period, and collateral requirements

• Obtain necessary documentation such as p...read more
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Q2. Ratios analysis , banking analaysis
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Q1. Introduce yourself
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Q2. Basel III Norms, LCR calculation, NSFR Meaning, Return on Capital
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Q3. What is PCA about PCA?
Ans. 
PCA stands for Principal Component Analysis, a statistical technique used to reduce the dimensionality of data while preserving important information.
• PCA is used to identify patterns in data and reduce the number of variables without losing much information.

• It works by transforming the original variables into a new set of uncorrelated variables called principal components.

• These principal components are ordered by the a...read more
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Q4. What is CRAR?What is CCB?
Ans. 
CRAR stands for Capital to Risk-Weighted Assets Ratio, a measure of a bank's capital adequacy. CCB stands for Counter-Cyclical Buffer, an additional capital requirement imposed on banks during periods of excessive credit growth.
• CRAR is calculated by dividing a bank's capital by its risk-weighted assets.

• It is used to ensure that banks have enough capital to cover potential losses from their risk exposures.

• CCB is a regul...read more
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Q5. What do you mean by asset liability managemnt?
Ans. 
Asset liability management is the practice of managing risks that arise due to mismatches between assets and liabilities.
• Asset liability management involves managing the risks associated with the assets and liabilities of a company or organization.

• It aims to ensure that the assets are sufficient to cover the liabilities and meet the organization's financial obligations.

• Strategies used in asset liability management incl...read more
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IBPS takes test moderate to high

Q1. Assessment of working capital
Ans. 
Assessment of working capital involves analyzing a company's current assets and liabilities to determine its ability to meet short-term financial obligations.
• Calculate working capital by subtracting current liabilities from current assets.

• A positive working capital indicates the company has enough assets to cover its short-term debts.

• A negative working capital may signal financial trouble and the need for additional fu...read more
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Q2. Why do you wan tot join banj
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