Senior Banking Officer Interview Questions and Answers for Freshers

Sourcing business involves identifying potential clients and building relationships with them.

• Networking and building relationships with potential clients

• Identifying target markets and tailoring marketing strategies accordingly

• Offering competitive products and services

• Providing excellent customer service to retain clients

• Utilizing referrals and word-of-mouth marketing

• Attending industry events and conferences

• Collaborating with other departments within the bank to cross-sell pr...read more

Savings account is for saving money and earning interest while current account is for frequent transactions.

• Savings account is meant for individuals who want to save money and earn interest on it.

• Current account is meant for businesses and individuals who need to make frequent transactions.

• Savings account usually has a limit on the number of transactions per month while current account has no such limit.

• Savings account usually offers higher interest rates than current account...read more

Sales are made by identifying customer needs, building relationships, and offering solutions that meet those needs.

• Identify customer needs through active listening and asking questions

• Build relationships by being personable and attentive to their needs

• Offer solutions that meet their needs and provide value

• Follow up and maintain relationships for future sales opportunities