Assistant Manager Finance Operations Interview Questions and Answers

The collection process in a Fintech organization involves systematic procedures to recover outstanding payments from customers.

• Fintech organizations use automated systems to track and manage outstanding payments.

• They may send reminders and notifications to customers regarding overdue payments.

• Fintech companies may also employ debt collection agencies to recover unpaid debts.

• Some organizations offer flexible payment options to customers to facilitate timely payments.

• Regular mo...read more

NBFCs are non-banking financial institutions that provide banking services without meeting the legal definition of a bank.

• NBFCs provide various financial services like loans, credit facilities, retirement planning, and investment services.

• They do not hold a banking license but operate similarly to traditional banks.

• NBFCs are regulated by the Reserve Bank of India (RBI) in India.

• They play a crucial role in providing credit to small and medium enterprises (SMEs) and individuals...read more