Sundaram Finance BMS Executive Interview Questions and Answers

DSCR stands for Debt Service Coverage Ratio, which is a financial metric used to measure a company's ability to pay its debts.

• DSCR is calculated by dividing a company's net operating income by its total debt service.

• A DSCR of 1 or higher indicates that a company is generating enough income to cover its debt payments.

• Lenders typically require a DSCR of at least 1.25 before approving a loan.

• DSCR is commonly used in real ...read more

Financial facilities can help us attract and retain customers by providing convenient and accessible services.

• Financial facilities such as credit cards, loans, and savings accounts can help customers manage their finances effectively.

• Offering competitive interest rates and flexible repayment options can attract customers to choose our financial services.

• Providing online banking and mobile apps for easy access to accoun...read more

KYC stands for Know Your Customer.

• KYC is a process of verifying the identity of a customer.

• It is mandatory for financial institutions to perform KYC before opening an account.

• KYC helps in preventing fraud and money laundering.

• Documents like Aadhaar card, PAN card, passport, etc. are used for KYC.

• KYC is also required for getting a SIM card or buying insurance.

I have 5 years of experience in retail management, including 2 years as an Assistant Manager.

• Managed a team of 10 employees and ensured smooth operations

• Implemented new sales strategies that increased revenue by 15%

• Trained and mentored new hires to improve their performance

• Handled customer complaints and resolved issues effectively

• Collaborated with the Store Manager to create and execute business plans