IBPS PO VIII Interview Experience – 06 | Abhishek Srivastava

Name: Abhishek Srivastava
Qualifications: B.Tech (Mechanical Engineering)
Date: 3rd Feb 2019
Time: 8:30 AM
Venue: Hotel Grand JBR, Lucknow

I reached the location at 8 AM. Document Verification was followed by biometric. Everything went smoothly​. I was allotted no. 1 in the interview sequence. At 9 am my turn came. I entered the room with a gentle smile and sought permission and thanked.
Panel I: 5 Members
Total members: (4 Male, 1 Female)
“Good morning Ma’am and Good morning sir (eye contact with each panel member)”
M1: Introduce yourself!
ME: Told about my graduation,  work experience,  hobbies,  family background
M1: What have you prepared for the interview?
ME: I have tried to cover almost everything,  you may ask and I’ll try answering.

M1: Tell us about FOREX.
ME: Foreign Exchange Reserves  with RBI as its custodian. It could be cash or other assets. For the development and maintenance of FOREX FEMA Act was introduced.
M2: What was your job profile in your previous organization.
ME: Told my designation and explained my job profile
M2: Are you ready to relocate in a rural area?
ME: Yes sir no issues.
M2: Tell us about PSL.
ME: It is an acronym for Priority Sector Lending. All scheduled commercial banks are directed by the RBI to provide a specified portion of lending to few specific sectors such as: 

  • Social Infrastructure
  • Education
  • Export Credit
  • MSME
  • Agriculture
  • Housing
  • Renewable energy
  • Others(weaker sections)
M1: Banks are suffering from which major issue? 
ME: Told about NPA.
M1: What are the recovery steps of NPA?
ME: Told about CDR, DRT, NCLT and IBC Code, 2016. Also,  highlighted Essar Steel case which is in news for insolvency proceedings.
M3: What are your strengths and weaknesses?
ME: Emphasized on communication skills. My weakness is I am too punctual because of which I often have to wait a lot.
M3: You are a mechanical engineer so how would your degree help you in Banking?
ME: Being a Mechanical Engineer I incorporated various skills such as better utilization of resources, presentation skills,  how to be efficient alone as well as in a team. These skills are going to be very fruitful while working in the Bank.

M1: Last question! What is trade deficit? 
ME: When imports exceeds exports. 
“All the best Abhishek,  you may leave now!”
Note – It was a bilingual interview (Hindi and English) which lasted approx 15 minutes. The panel  was very cordial. Eye contact with each member is must while answering. 
All The Best Abhishek Srivastava!
                                    
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