ESAF Small Finance Bank Branch Head Interview Questions and Answers

Branch Book Size refers to the total financial assets managed by a bank branch.

• It includes deposits, loans, and investments held by the branch.

• For example, if a branch has $10 million in deposits and $5 million in loans, its book size is $15 million.

• Branch Book Size is crucial for assessing the branch's performance and growth potential.

• Larger book sizes often indicate a more established branch with a solid custome...read more

LTR stands for Long-Term Relationship, often used in business to describe sustained partnerships.

• LTR emphasizes building trust and loyalty over time.

• In business, LTR can refer to customer relationships that lead to repeat sales.

• Example: A subscription service that retains customers for years exemplifies LTR.

• LTR strategies often involve personalized communication and engagement.

STR stands for Short Tandem Repeat, a type of DNA sequence used in genetic profiling.

• STRs are repeating sequences of 2-6 base pairs in DNA.

• They are highly variable among individuals, making them useful for forensic analysis.

• STR analysis is commonly used in paternity testing and criminal investigations.

• For example, the FBI uses a standard set of 13 STR markers for DNA profiling.

A money mule is an individual who transfers illegally obtained money on behalf of others, often unknowingly aiding in fraud.

• Money mules are often recruited through job ads promising easy money.

• They may be unaware that they are facilitating criminal activities.

• Examples include receiving funds in their bank account and transferring them elsewhere.

• Criminals use money mules to obscure the origin of stolen funds.

ESAF Bank is a small finance bank in India that focuses on providing financial services to the underprivileged sections of society.

• ESAF Bank is a small finance bank in India.

• It was established in 1992 as a non-banking financial company (NBFC).

• In 2017, it received the license to operate as a small finance bank from the Reserve Bank of India.

• The bank primarily focuses on providing financial services to the underpriv...read more