ICICI Bank Interview Question: In case of floods, the funds ... | Glassdoor.co.in

Interview Question

Assistant Manager II Interview(Student Candidate) Mumbai

In case of floods, the funds given to farmers as loan are

  not being re-payed. How should the bank as a financial institution react to this crisis.
Answer

Interview Answer

4 Answers

5

The bank should take this opportunity to help the farmers this year and show the case as a CSR activity and try to recover the funds in the following years.

Interview Candidate on 14-Oct-2012
0

The bank should first send notice to farmers about their re-payment of bank loan and give certain amount to pay the loan at every year.

ROY DSOUZA on 20-Oct-2012
0

Banks need to help them in investing for the next season and try to recover out of it.

yuvaraj on 20-Oct-2012
1

Banks should assess the risk while giving loans. So they should insure for the same with part of their interest.

Anonymous on 22-Sep-2015

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