Are you a CA Fresher
Yessss? Having buzz around the Word "Credit Manager" or may be ICICI Bank has shortlisted you for the same role in campus ⭐😅
Per..... The Question is what exactly is Credit manager work and what exactly bank will ask in the Interview??
Well Keep it relaxing... We have tried to Identify the same. Have a look 😃😄
Credit managers oversee the entire lending process of any company.
They optimize the balance of company sales to bad debt losses by expertly assessing the creditworthiness of potential customers.
Primary Responsibilities :Click here
After talking about Responsibilties what are the Questions which may be asked to you ???
Banking Interview Questions
Questions asked in interview will depend on work experience you have in your career. As a CA Fresher, You should be well versed with the work you have done in articleship and knowledge about taxation will help specifically amendments.
Here are the possible questions that are specifically asked for this role :
1. What ratios you will look for when giving credit?
2. Ratios like Current ratio, Quick ratio, DSCR, ICR, CAR (and their ideal ratios and why ?)
3. What do you know about Basel 2&3?
4. What documents you will see while giving loan to Individual/Company?
5. What do you understand by Term Loan & Working Capital loan?
6. How will you analyse the annual report of a company?
7. Differenciate between ROE and ROCE.
8. What will be your key strengths as a credit analyst?
9. What is the due date for linking PAN and Aadhaar?
10. What do you know about Sec 194Q?
11. What do you know about SFT transaction? (26AS)
12. Why are Debtor days and Inventory days calculated?
13. Financial Leverage Ratios & solvency ratios (ideal ratios and why)
14. 5Cs of Credit
15. Define Repo rate and Reverse repo rate.
16. Define CRR and SLR.
17. What is the importance of CIBIL & why it is checked?
18. What is the basic difference between Gross NPA vs Net NPA?
19. What are IRAC norms?
20. What is important yardstick in assessment of Term Loan?
21. What are the most important ratios to analyse the balance sheet and profit loss statement of borrower?
22. What is DSCR and it's calculation? Ideal Ratio and it's relevance.
23. Difference between CIBIL and crisil rating.
24. Difference between OD and CC.
25. Why you want to join this Bank?
Bonus Tip
* Read all ratios before interview. Most of the questions are generally from the ratios.
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