IDBI Bank Interview Question

What is NPA? What is CASA? Repo Rate, Reverse Repo Rate etc

Interview Answers

Anonymous

Jun 17, 2022

NPA when any loan is taken and it's pending more than 90 days from the repayment then the asset which are for the bank can be comes under the non- performing asset.. Steps to resolve it, restructuring, SARFARSI ACT etc.

Anonymous

Jun 17, 2022

Repo rate is the rate at which the commercial bank take loan from rbi where is case of reverse repo the rbi has taken loan from bank. Reverse repo is always lower than the repo.

Anonymous

Jun 17, 2022

CASA known as current account and saving account SLR and CRR helps to regulate the interest rate of such account..