SMFG India Credit Interview Questions and Answers

Experienced in managing collections, ensuring compliance, and optimizing recovery processes for improved financial outcomes.

• Managed a portfolio of over 500 accounts, achieving a 95% recovery rate within 60 days.

• Implemented a new tracking system that reduced overdue accounts by 30%.

• Trained a team of 5 collectors on effective communication strategies, resulting in a 20% increase in successful collections.

• Collaborate...read more

Configuring Palo Alto firewall involves setting up security policies, NAT rules, and VPN configurations.

• Create security policies to control traffic flow

• Set up NAT rules for translating private IP addresses to public IP addresses

• Configure VPN settings for secure remote access

• Utilize zones and interfaces for network segmentation

• Implement threat prevention features like antivirus and URL filtering

Types of loans include personal loans, student loans, mortgage loans, and business loans.

• Personal loans

• Student loans

• Mortgage loans

• Business loans

SQL joins are used to combine rows from two or more tables based on a related column between them.

• Types of SQL joins include INNER JOIN, LEFT JOIN, RIGHT JOIN, and FULL JOIN.

• INNER JOIN returns rows when there is at least one match in both tables.

• LEFT JOIN returns all rows from the left table and the matched rows from the right table.

• RIGHT JOIN returns all rows from the right table and the matched rows from the lef...read more

Normal credit norms and policy refer to the standard guidelines followed by a company while extending credit to its customers.

• Credit limit is set based on the customer's creditworthiness

• Payment terms are agreed upon between the company and the customer

• Late payment fees and interest rates are charged for delayed payments

• Credit checks are conducted before extending credit to new customers

• Credit policies are reviewed...read more

Generating ideas requires creativity, brainstorming, research, and collaboration.

• Start by brainstorming ideas individually or in a group

• Research similar concepts or solutions to gain inspiration

• Collaborate with others to combine different perspectives and expertise

• Use tools like mind mapping, SWOT analysis, or design thinking to organize and develop ideas