Utkarsh Small Finance Bank Senior Executive HRD Interview Questions, Process, and Tips

NBFC stands for Non-Banking Financial Company.

• NBFCs are financial institutions that offer banking services without holding a banking license.

• They provide loans, credit facilities, and other financial services to individuals and businesses.

• NBFCs are regulated by the Reserve Bank of India (RBI) and are required to maintain a minimum amount of capital.

• Examples of NBFCs in India include Bajaj Finance, Mahindra & Mahindra F

MIS report can be prepared by collecting relevant data, organizing it in a structured format and presenting it in a clear and concise manner.

• Identify the purpose and scope of the report

• Gather relevant data from various sources

• Organize the data in a structured format such as tables, charts or graphs

• Ensure accuracy and completeness of data

• Present the data in a clear and concise manner

• Include analysis and insights to aid ...read more

Utkarsh Small Finance Bank is a small finance bank in India.

• It was founded in 2016 and is headquartered in Varanasi, India.

• It offers a range of banking products and services including savings accounts, current accounts, fixed deposits, and loans.

• The bank has a network of over 500 branches and banking outlets across India.

• It focuses on providing financial services to the unbanked and underbanked segments of society, par...read more

I was responsible for managing the HRD functions in the Passport Seva Project.

• Managed recruitment and selection process for hiring employees

• Developed and implemented HR policies and procedures

• Conducted training and development programs for employees

• Handled employee relations and grievance management

• Ensured compliance with labor laws and regulations

• Managed performance appraisal and reward systems

• Implemented HRIS for eff...read more

I have a small family with four members.

• My family consists of my parents, my sibling, and myself.

• We are a close-knit family and support each other.

• We often spend quality time together and celebrate special occasions.

• Having a small family allows us to have strong bonds and connections.

I start my day at the office by reviewing my schedule, checking emails, and prioritizing tasks.

• Review my schedule for the day

• Check and respond to emails

• Prioritize tasks based on urgency and importance

• Prepare a to-do list for the day

• Hold a brief team meeting to discuss any updates or urgent matters

The HR department is responsible for managing the organization's human resources and ensuring alignment with business goals.

• The HR department handles recruitment and selection of employees.

• They develop and implement HR policies and procedures.

• HR is responsible for employee training and development programs.

• They manage employee compensation and benefits.

• The HR department handles employee relations and conflict resolutio...read more

Vlookup formula syntax is used to search for a specific value in a table and return a corresponding value from another column.

• The formula starts with =VLOOKUP(

• The first argument is the value to search for.

• The second argument is the table range to search in.

• The third argument is the column number to return the value from.

• The fourth argument is optional and specifies whether to use an exact or approximate match.

A pivot table is a data summarization tool used in Excel to condense and analyze large amounts of data.

• Pivot tables allow users to quickly and easily summarize and analyze large amounts of data

• They can be used to group data by categories, such as dates, products, or regions

• Users can also apply filters to pivot tables to focus on specific subsets of data

• Pivot tables can be customized with different calculations and form...read more

Pivot table is a data summarization tool used in spreadsheets to analyze and summarize large amounts of data.

• Pivot table allows users to quickly summarize and analyze large amounts of data

• Users can easily group data by different categories and analyze trends

• Pivot table can perform calculations such as sum, average, count, etc. on the grouped data

• Pivot table is a powerful tool for data analysis and reporting

• Example: A s...read more

Employee engagement is the emotional commitment an employee has to their organization and its goals.

• It involves creating a positive work environment

• Encouraging open communication and feedback

• Providing opportunities for growth and development

• Recognizing and rewarding employees for their contributions

• Examples include team building activities, employee surveys, and career development programs

PF stands for Provident Fund. It is a government-mandated retirement savings scheme in India.

• PF is deducted from an employee's salary and contributed by both the employee and the employer.

• The contribution rate is typically 12% of the employee's basic salary plus dearness allowance.

• The employer matches the employee's contribution and deposits the total amount in the employee's PF account.

• The PF amount can be withdrawn u...read more

Labour Law in Banking terms refers to the regulations and laws that govern the relationship between banks and their employees.

• Labour laws ensure that banks provide a safe and healthy work environment for their employees

• They also regulate working hours, wages, and benefits for bank employees

• Labour laws also protect the rights of bank employees, such as the right to form unions and engage in collective bargaining

• Examples...read more

Minimum employee strength for ESIC registration is 10.

• ESIC registration is mandatory for establishments with 10 or more employees.

• Employees earning less than Rs. 21,000 per month are eligible for ESIC benefits.

• ESIC provides medical, disability, maternity, and other benefits to employees.

• Employers are required to contribute 4.75% of the employee's salary towards ESIC.

• ESIC registration can be done online through the ESIC

Gratuity is calculated based on an employee's last drawn salary and years of service.

• Gratuity is a lump sum payment made to an employee at the end of their employment.

• It is calculated as 15 days of salary for each completed year of service.

• The salary used for calculation is the last drawn salary, including basic salary and dearness allowance.

• Gratuity is applicable to all employees who have completed 5 years of continuo...read more