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Name: Akash
Graduation: B-tech in Computer
Science in 2008.
Interview Experience: Central Bank
of India
Why banking?
I am interested in banking and my
father is also a banker.
In which bank your father will work?
He works in State bank of India as a
clerk in Hyderabad.
If you are interested in Banking,
then why you have done B-tech? and what you have done after the completion of
your graduation?
Actually I had a plan to do MBA
after my graduation, but due to financial problems I can’t do it, so i
postponed to do my MBA until I get a job. In the mean time I have been
preparing for banks.
How many banks have you appeared so
far?
So far I have written five exams in
that I cleared two exams one is this bank & another is Canara Bank and I
didn’t cleared the interview round in Canara Bank.
What do you think the reason behind
for not clearing the interview round (Canara Bank)?
I didn’t prepare well at that time.
Where is the Headquarters of this
bank?
Mumbai.
What is recession? What is the cause
for the present recession?
It can be defined as if country’s
GDP growth is negative for two or more consecutive years and the main cause for
the present recession is Sub-Prime crisis where it started in US.
What is Sub-prime crisis?
The current Subprime crisis is due
to sub-prime lending. These are the loans given to the people having low credit
rating.
Why India is affected? Which sectors
are affected?
Bcoz many of the Indian companies
have major outsourcing deal from the US and moreover India is one of the
largest exporter to US. Almost all sectors are affected majorly Industrial,
Real estate and IT sectors.
Why Indian Banks are much not
affected?
Why bcoz RBI has adjusted some key
rates like CRR, Repo rate, bank rate (that in turn decreases interest rates
that in turn increase money supply and that in turn increase Investment) and
also Indian’s bank are less interested in giving sub-prime loans.
What is CRR?
It is defined as the Cash Reserve
Ration. It is the amount of funds that the banks have to keep with RBI.
How much amount that banks have to
keep with RBI?
Five percent of the total amount.
What is Social Banking?
It is a banking process that caters
specially to the development needs of the poor in sharp contrast with
conventional commercial banking, which has marginalized the poor.
What is Federal Reserve?
It is the Central Bank of US like
what we have RBI in our country.
Where you will be in five years from
now if you are selected?
In the same bank with one or two
promotions.
