Sustainable Agro-commercial Finance Senior Credit Executive Interview Questions and Answers

CBIL stands for Credit Bureau India Limited, which is a credit information company in India.

• CBIL is a credit information company that collects and maintains credit information of individuals and businesses.

• It provides credit reports and scores to lenders to help them make informed lending decisions.

• CBIL helps in reducing the risk of default by providing accurate credit information.

• It plays a crucial role in the credit ...read more

Metrics used to evaluate risk include credit score, debt-to-income ratio, payment history, and credit utilization.

• Credit score: A numerical representation of a borrower's creditworthiness based on their credit history.

• Debt-to-income ratio: The percentage of a borrower's monthly income that goes towards paying debts.

• Payment history: A record of a borrower's past payments on credit accounts.

• Credit utilization: The amount

Seeking new challenges and growth opportunities in a different work environment.

• Desire for career advancement

• Looking for new challenges

• Seeking better work-life balance

• Company restructuring or downsizing

• Relocation to a different city

My salary expectation is in line with industry standards and based on my experience and qualifications.

• Research industry standards for Credit Manager salaries

• Consider my experience and qualifications when determining salary expectation

• Be open to negotiation based on the overall compensation package offered

Types of liability include current liabilities, long-term liabilities, contingent liabilities, and deferred liabilities.

• Current liabilities are debts due within one year, such as accounts payable and short-term loans.

• Long-term liabilities are debts due in more than one year, such as bonds payable and long-term loans.

• Contingent liabilities are potential liabilities that depend on a future event, such as warranties and l...read more

Assets can be classified into tangible and intangible assets.

• Tangible assets include physical items like property, equipment, and inventory.

• Intangible assets include intellectual property, patents, trademarks, and goodwill.

Gross profit is total revenue minus cost of goods sold, while net profit is gross profit minus operating expenses and taxes.

• Gross profit = Total revenue - Cost of goods sold

• Net profit = Gross profit - Operating expenses - Taxes

• Gross profit is the amount of money a company makes from selling goods or services before deducting expenses

• Net profit is the amount of money a company has left after deducting all expenses from

Advance excel formula refers to complex functions and calculations used in Excel to manipulate data.

• Advanced excel formulas include VLOOKUP, INDEX-MATCH, SUMIFS, COUNTIFS, etc.

• These formulas are used to perform complex calculations, lookups, and data analysis.

• For example, VLOOKUP is used to search for a value in a table and return a corresponding value from another column.

Different types of ratios like sales turnover ratio, asset turnover ratio, etc are used to analyze a company's financial performance.

• Ratios help in evaluating the efficiency and profitability of a company.

• Sales turnover ratio measures how efficiently a company is using its assets to generate sales.

• Asset turnover ratio indicates how well a company is utilizing its assets to generate revenue.

• Other important ratios includ...read more

Some risks include inaccurate credit assessments, failure to identify red flags, and lack of understanding of industry trends.

• Inaccurate credit assessments can lead to approving high-risk clients who may default on payments.

• Failure to identify red flags such as inconsistent financial information or past delinquencies can result in losses for the company.

• Lack of understanding of industry trends may lead to granting cred...read more

My best problem solving procedure involves identifying the root cause and collaborating with the team to find a solution. When dealing with non-performance, I use a coaching approach to understand the issue and provide support for improvement.

• Identify the root cause of the problem

• Collaborate with the team to find a solution

• Use a coaching approach to understand the non-performance issue

• Provide support and resources for ...read more

Assessing a credit proposal involves analyzing the borrower's financial history, creditworthiness, and ability to repay the loan.

• Review the borrower's credit report and score

• Analyze the borrower's income and expenses

• Evaluate the purpose of the loan and the borrower's ability to repay it

• Consider any collateral or guarantors offered by the borrower

• Assess the overall risk of the loan and make a recommendation