Credit Operation Executive Interview Questions and Answers

Yes, I have knowledge of credit work in finance.

• I have a strong understanding of credit analysis and risk assessment in finance.

• I am familiar with credit evaluation techniques and credit scoring models.

• I have experience in reviewing credit applications and determining creditworthiness.

• I am knowledgeable about credit policies, procedures, and regulations.

• I have worked with credit bureaus and have expertise in credit reporting and monitoring.

• I have successfully managed credit p...read more

A good CIBIL score typically ranges from 700 to 900.

• CIBIL score ranges from 300 to 900, with higher scores indicating better creditworthiness

• A score above 700 is generally considered good by lenders

• Maintaining a good credit score can help in getting better loan terms and interest rates

Finance is the management of money and investments.

• Finance involves the study of financial systems, markets, and instruments.

• It includes activities such as budgeting, investing, and lending.

• Examples of financial instruments include stocks, bonds, and derivatives.

• Finance is important for individuals, businesses, and governments to manage their resources effectively.

DPD stands for Days Past Due, which indicates the number of days a payment is overdue. OD stands for Overdraft, which is when a bank account balance goes below zero.

• DPD is used in credit operations to track the number of days a payment is overdue.

• OD occurs when a bank account balance goes below zero, resulting in overdraft fees.

• DPD and OD are important metrics for assessing credit risk and managing cash flow.

• Example: A customer has a DPD of 30 days on their loan payment, indi...read more