Utkarsh Small Finance Bank
Focus Lighting and Fixtures Limited Interview Questions and Answers
Q1. What is the difference between soiled note and mutilated notes.
Soiled notes are dirty or stained, while mutilated notes are damaged or torn.
Soiled notes refer to currency that is dirty, stained, or contaminated with substances like ink, oil, or dirt.
Mutilated notes are currency that is damaged, torn, or partially destroyed.
Soiled notes can still be used for transactions, but mutilated notes are usually unfit for circulation and need to be replaced.
Examples of soiled notes include currency with ink stains, dirt marks, or discoloration.
Exa...read more
Q2. what do you see recent developments in banking industry
Recent developments in the banking industry include digital banking, fintech innovations, and increased focus on cybersecurity.
Digital banking has become more prevalent, with customers being able to perform transactions and manage their accounts online or through mobile apps.
Fintech innovations have disrupted traditional banking models, with the emergence of online lenders, peer-to-peer payment platforms, and robo-advisors.
There is a growing emphasis on cybersecurity in the b...read more
Q3. Your Audit score and operations dealings.
I have consistently maintained high audit scores and effectively managed operations.
I have a track record of achieving high audit scores through meticulous attention to detail and adherence to policies and procedures.
I have implemented efficient processes and procedures to streamline operations and improve productivity.
I have effectively managed teams to ensure smooth operations and timely completion of tasks.
I have maintained open communication with stakeholders to address a...read more
Q4. Did you handled deceased claim ?
Yes, I have experience handling deceased claims in my previous role as a Branch Operations Manager.
Managed deceased claims by coordinating with families, funeral homes, and insurance companies
Ensured all necessary paperwork and documentation were completed accurately and efficiently
Provided support and guidance to grieving families during the claims process
Handled sensitive information with confidentiality and empathy
Q5. what is clean note policy?
Clean note policy refers to the practice of ensuring that all notes and documents are free from errors, corrections, and illegible handwriting.
Ensures that all notes are legible and accurate
Requires proper documentation practices to maintain clarity and professionalism
Helps prevent misunderstandings and errors in communication
Examples: using electronic medical records, double-checking handwritten notes for accuracy
Q6. what is limit for RTGS
The limit for RTGS (Real Time Gross Settlement) varies depending on the bank and account type.
RTGS limits are set by individual banks based on factors such as account type, customer profile, and transaction history.
Limits can range from a few lakhs to several crores depending on the bank's policies.
Customers can request for higher RTGS limits based on their needs and eligibility.
RTGS limits may also vary for corporate accounts compared to individual accounts.
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