State Bank of India Team Lead Interview Questions and Answers

Operations focus on internal processes while sales focus on external revenue generation.

• Operations involve managing resources, logistics, and production processes.

• Sales involve identifying and pursuing potential customers, negotiating deals, and generating revenue.

• Operations ensure efficient and effective use of resources while sales ensure revenue growth.

• Examples of operations include supply chain management, inventor...read more

NRE and NRO accounts are types of bank accounts for non-resident Indians.

• NRE stands for Non-Resident External account, which is a rupee-denominated account that allows NRIs to transfer foreign earnings to India and earn tax-free interest.

• NRO stands for Non-Resident Ordinary account, which is a savings or current account that allows NRIs to manage their income earned in India and abroad.

• NRO accounts have taxable interes...read more

KYC docs required to open a current account

• Identity proof - Aadhaar card, PAN card, Passport, Voter ID card

• Address proof - Aadhaar card, Passport, Utility bills, Bank statement

• Passport size photograph

• Business proof - GST registration certificate, Trade license, etc.

• PAN card of the business entity

• KYC declaration form

Bond is a type of debt security issued by companies or governments, while debenture is a type of bond that is not secured by collateral.

• Bonds are secured by collateral, while debentures are not.

• Bonds have a lower risk of default than debentures.

• Bonds have a fixed interest rate, while debentures may have a floating interest rate.

• Examples of bonds include government bonds and corporate bonds, while examples of debentures...read more

Managing risk and investment profile is crucial for a successful manager.

• Assessing risk tolerance of investors

• Diversifying investments to minimize risk

• Monitoring market trends and adjusting investments accordingly

• Creating a balanced portfolio

• Staying up-to-date with industry regulations and compliance

• Implementing risk management strategies

• Communicating investment strategies and risks to stakeholders

Our company offers a wide range of products including banking, insurance, investment, and mortgage services.

• Banking products such as checking and savings accounts

• Insurance products including life, health, and auto insurance

• Investment products like mutual funds and retirement accounts

• Mortgage services for homebuyers and homeowners

• Credit cards and personal loans

Affordable segment is concentrated for file cases.

• The affordable segment is concentrated for file cases as they are more likely to need financial assistance.

• Higher ticket file cases are concentrated in the higher income segment.

• Examples of affordable file cases include personal loans, credit card debt, and small business loans.

• Examples of higher ticket file cases include mortgages, car loans, and large business loans.