Axis Bank Product Manager Interview Questions & Experience Guide
Company Name: Axis Bank
Position: Product Manager
Application Process: Applied through the company’s career portal.
Interview Rounds:
- Round 1 - HR and Role-Fit Interview:
- Questions Asked:
- Personal background and motivation for applying.
- Work experience and key learnings from previous roles.
- Internship details and how they relate to the Product Manager role.
- Understanding of the role and expectations.
- Your Approach:
- I focused on aligning my past experiences with the responsibilities of a Product Manager.
- Asked clarifying questions about the role to show genuine interest.
- Outcome:
- The interviewers provided detailed insights into the role and seemed satisfied with my responses.
- Questions Asked:
Preparation Tips:
- Research the company’s product offerings and recent developments.
- Reflect on past experiences and how they prepare you for the role.
- Be ready to discuss your understanding of product management in the banking sector.
Conclusion:
The interview was insightful and helped me understand the nuances of the role better. I could have prepared more specific examples from my internships to highlight my fit. Overall, it was a good learning experience.
Company Name: Axis Bank
Position: Product Manager
Location: Metro (required 70% travel)
Application Process: Applied through an online job portal.
Interview Rounds:
- Round 1 - Resume Deep Dive:
- Questions Asked: The interviewers grilled me on every point mentioned in my resume, asking for detailed explanations and examples. They were particularly interested in my past experiences and how they related to the role of a Product Manager.
- Your Approach: I tried to answer each question as thoroughly as possible, providing specific examples and outcomes from my previous roles. I also emphasized my problem-solving skills and ability to handle challenges.
- Outcome: The round was intense, and I felt they were looking for someone with more experience. I didn’t advance to the next round.
Preparation Tips:
- Be ready to defend every point on your resume with concrete examples.
- Brush up on your problem-solving and analytical skills, as they are crucial for a Product Manager role.
- Research the company’s products and market position to align your answers with their expectations.
Conclusion:
The interview was quite rigorous, and it became clear that they were seeking a candidate with more experience. The role also involved significant travel, which could impact work-life balance. For future candidates, I’d advise being very confident about your resume and preparing for in-depth questions about your past work.
Company Name: Axis Bank
Position: Product Manager
Application Process: Applied through the company’s career portal. The process was straightforward, and I received a call for the interview rounds within a couple of weeks.
Interview Rounds:
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Round 1 - Technical Interview:
- Questions Asked:
- Basic understanding of banking concepts like RBI norms, CRR, repo rate, and bank cash retention limits.
- How these norms impact retail banking.
- A case study on improving a retail banking product.
- Your Approach: I focused on explaining the concepts clearly and linked them to real-world scenarios in retail banking. For the case study, I proposed a customer-centric approach to enhance the product.
- Outcome: Cleared the round with positive feedback on my understanding of banking norms.
- Questions Asked:
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Round 2 - HR Interview:
- Questions Asked:
- Why Axis Bank?
- My long-term career goals.
- How I handle pressure and teamwork.
- Your Approach: I emphasized my interest in the banking sector and how Axis Bank aligns with my career aspirations. I also shared examples of teamwork and stress management from past experiences.
- Outcome: Successfully cleared the HR round.
- Questions Asked:
Preparation Tips:
- Brush up on RBI norms, CRR, repo rate, and other banking fundamentals.
- Practice case studies related to retail banking products.
- Be prepared to discuss your career goals and how they align with the role.
Conclusion:
The interview process was smooth, and the questions were aligned with the role’s requirements. Having a strong grasp of banking norms definitely gave me an edge. For future candidates, I’d recommend focusing on both technical and soft skills, as the role demands a balance of both.
Company Name: Axis Bank
Position: Product Manager
Location: Virtual (Remote)
Application Process: Applied through the company’s career portal. The process was straightforward, and I received a call for the interview within a couple of weeks.
Interview Rounds:
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Round 1 - Technical Interview:
- Questions Asked:
- Can you walk us through your previous experience in retail banking?
- How do you identify customer needs in the Indian retail banking sector?
- What strategies would you use to improve a banking product for rural customers?
- Your Approach: I focused on my hands-on experience in retail banking and highlighted specific projects where I addressed customer pain points. For the rural banking question, I discussed the importance of accessibility and financial literacy.
- Outcome: Cleared the round and moved to the next stage.
- Questions Asked:
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Round 2 - HR Interview:
- Questions Asked:
- Why do you want to join Axis Bank as a Product Manager?
- How do you handle conflicts within a team?
- Where do you see yourself in 5 years?
- Your Approach: I emphasized my passion for retail banking and aligned my career goals with Axis Bank’s vision. For the conflict question, I shared a real-life example of resolving a team disagreement.
- Outcome: Received positive feedback and was selected for the role.
- Questions Asked:
Preparation Tips:
- Brush up on the Indian retail banking landscape, including key trends and challenges.
- Be ready to discuss your past experiences in detail, especially those related to product management or customer-centric roles.
- Practice answering behavioral questions with real examples.
Conclusion:
The interview process was smooth and focused on both technical and behavioral aspects. Knowing the Indian retail banking sector well gave me an edge. For future candidates, I’d recommend thoroughly researching the company’s products and customer base to tailor your answers effectively.
Company Name: Axis Bank
Position: Product Manager
Location: Virtual (Remote)
Application Process: Applied through the company’s career portal.
Interview Rounds:
- Round 1 - Profile-Based Interview:
- Questions Asked: The interview was focused on my profile, experience, and understanding of the role. Questions revolved around my previous work, problem-solving skills, and how I would approach challenges in the Cards & Acquiring division.
- Your Approach: I kept my answers concise and relevant, highlighting my experience and how it aligns with the role. I also asked a few questions about the team and the division to show my interest.
- Outcome: The interview was relaxed and conversational. I felt confident about my responses, and the interviewer seemed engaged.
Preparation Tips:
- Brush up on your resume and be ready to discuss any part of it in detail.
- Research the company’s products, especially the Cards & Acquiring division, to align your answers with their business.
- Practice concise and clear communication, as the interview was short and to the point.
Conclusion:
Overall, it was a smooth and straightforward interview. The interviewer was friendly, and the questions were fair. I would advise future candidates to focus on their profile and how it fits the role, as the interview was very profile-centric.
Company Name: Axis Bank
Position: Product Manager
Location: [Location not specified]
Application Process: The interview was conducted on-campus at my college. The application process was part of the campus placement drive.
Interview Rounds:
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Round 1 - One-on-One Interview:
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Questions Asked:
- “Tell us something about yourself.”
- Questions focused on my CV, including my past experiences, projects, and skills.
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Your Approach:
- I prepared a concise and engaging introduction for the “Tell us something about yourself” question, highlighting my relevant skills and experiences.
- For the CV-based questions, I ensured I could explain every detail on my CV clearly and confidently, linking my experiences to the role of a Product Manager.
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Outcome: I passed this round and moved forward in the process.
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Preparation Tips:
- Focus on crafting a strong and concise self-introduction.
- Be thorough with your CV—know every detail and be ready to explain how your experiences align with the role.
- Practice answering behavioral questions that might relate to teamwork, problem-solving, and leadership, as these are often relevant for Product Manager roles.
Conclusion:
The interview was a great learning experience. I realized the importance of being well-prepared with my CV and having a clear, confident introduction. For future candidates, I’d advise practicing your self-introduction and ensuring you can articulate your experiences effectively.
Company Name: Axis Bank
Position: Product Manager
Location: [Not specified]
Application Process: Applied through college campus placement. The interview was preceded by a preference selection for three roles, and I selected Product Management. The interview was conducted by a Product Manager after CV shortlisting.
Interview Rounds:
- Round 1 - Direct Interview (CV-Based):
- Questions Asked:
- Walk me through your resume and highlight experiences relevant to product management.
- How would you define a product manager’s role in a banking context?
- Describe a situation where you had to prioritize features for a product. How did you decide?
- How do you handle feedback from stakeholders with conflicting opinions?
- Your Approach:
- I structured my resume walkthrough to emphasize projects and roles that aligned with product management, such as leading a team for a college tech fest.
- For the role definition, I linked it to customer-centricity and collaboration with cross-functional teams.
- For prioritization, I used the MoSCoW method as an example and explained my reasoning.
- For stakeholder feedback, I highlighted active listening and data-driven decision-making.
- Outcome: Cleared the round and moved to the next stage.
Preparation Tips:
- Focus on understanding the banking domain and how product management applies to it.
- Practice structuring answers using frameworks like MoSCoW or RICE for prioritization questions.
- Be ready to discuss your resume in detail, linking experiences to the role.
Conclusion:
The interview was a great learning experience. I realized the importance of domain knowledge in banking and how to better articulate my experiences. For future candidates, I’d recommend researching Axis Bank’s products and preparing to discuss real-world scenarios in detail.
Company Name: Axis Bank
Position: Product Manager
Application Process: The application process involved two rounds of phone interviews with senior members of the team. The entire process, from the first interview to the final decision, took about a week for the interviews and an additional month for the response.
Interview Rounds:
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Round 1 - Phone Interview:
- Questions Asked:
- Can you walk us through your experience relevant to product management?
- How do you prioritize features for a product?
- Describe a time when you had to handle conflicting stakeholder requirements.
- Your Approach: I focused on highlighting my previous work in product management, emphasizing my ability to prioritize features based on user needs and business goals. For the stakeholder question, I shared a specific example where I mediated between teams to align on a solution.
- Outcome: Passed to the next round.
- Questions Asked:
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Round 2 - Phone Interview:
- Questions Asked:
- How would you approach launching a new financial product for Axis Bank?
- What metrics would you track to measure the success of this product?
- How do you stay updated with industry trends in banking and fintech?
- Your Approach: I outlined a step-by-step plan for product launch, including market research, MVP development, and pilot testing. For metrics, I discussed KPIs like user adoption and revenue growth. I also mentioned following industry blogs and attending webinars to stay updated.
- Outcome: Received a positive response, but the final decision took a month.
- Questions Asked:
Preparation Tips:
- Brush up on product management frameworks like PRD writing, prioritization techniques, and stakeholder management.
- Stay updated with trends in the banking and fintech sectors.
- Practice articulating your thought process clearly, as the interviews were conversational but required structured responses.
Conclusion:
Overall, the interview process was smooth, and the interviewers were friendly. The long wait for the final decision was a bit stressful, but it was worth it. My advice would be to prepare well for both behavioral and situational questions, as they were key in both rounds.
Company Name: Axis Bank
Position: Product Manager
Location: [Not specified]
Application Process: I applied via a referral and was interviewed before August 2023.
Interview Rounds:
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Round 1 - Aptitude Test:
- Questions Asked: Basic online aptitude test.
- Your Approach: I found the test quite simple and straightforward, focusing on basic aptitude skills.
- Outcome: Cleared the round successfully.
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Round 2 - Technical Round:
- Questions Asked:
- Experience with previous organizations.
- Work profile-related questions.
- Your Approach: I clearly articulated my previous work experience and how it aligns with the Product Manager role. I also highlighted specific projects and skills relevant to the position.
- Outcome: The round went well, and I was able to present my experience effectively.
- Questions Asked:
Preparation Tips:
- Stay calm and ensure you have a clear understanding of the basics.
- Be prepared to present your current role and how your experience can be leveraged for the job you’re applying for.
Conclusion:
Overall, the interview process was smooth. The key was to communicate my experience clearly and confidently. For future candidates, focus on aligning your past work with the role’s requirements and practice articulating your thoughts concisely.
Company Name: Axis Bank
Position: Product Manager
Application Process: Applied through an online job portal.
Interview Rounds:
- Round 1 - One-on-One Interview:
- Questions Asked:
- Can you walk us through your current job profile and key responsibilities?
- What are some of the key learnings from your current role?
- Have you initiated any new processes or developments in your current job? If yes, please elaborate.
- What challenges have you faced in your role, and how did you overcome them?
- What are your strengths and weaknesses?
- Your Approach: I focused on providing concise yet detailed answers, highlighting specific examples from my current role to demonstrate my experience and problem-solving skills. For strengths, I emphasized my analytical and leadership abilities, while for weaknesses, I mentioned areas I’m actively working on improving.
- Outcome: Cleared the round and moved to the next stage of the hiring process.
- Questions Asked:
Preparation Tips:
- Review your resume thoroughly and be prepared to discuss every detail.
- Reflect on your current role and identify key achievements, challenges, and learnings.
- Practice answering behavioral questions using the STAR method (Situation, Task, Action, Result).
Conclusion:
The interview was a great opportunity to reflect on my current role and articulate my contributions. I felt confident discussing my experiences, but I could have been more structured in explaining my weaknesses. For future candidates, I’d recommend preparing specific examples for each question and practicing self-reflection beforehand.
Company Name: Axis Bank
Position: Product Manager
Location: Delhi
Application Process: Applied via campus placement at Fore School of Management (FSM), Delhi in December 2022.
Interview Rounds:
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Round 1 - Resume Shortlist:
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Questions Asked: Resume-based screening.
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Your Approach: Ensured my resume was crisp and highlighted relevant skills and experiences.
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Outcome: Successfully shortlisted for the next round.
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Round 2 - One-on-One Round:
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Questions Asked: Role-based, CV-based, and some technical questions related to finance.
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Your Approach: Prepared thoroughly about the job description, my CV, and the company. Answered questions calmly and concisely.
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Outcome: Advanced to the next round.
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Round 3 - HR Round:
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Questions Asked: Basic HR questions about myself, relocation, etc.
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Your Approach: Stayed composed and provided clear, honest answers.
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Outcome: Cleared the HR round.
Preparation Tips:
- Thoroughly prepare about the job description, your CV, and the company.
- Keep your answers crisp and to the point.
- Stay calm and composed during the interview.
Conclusion:
Overall, the interview process was smooth and well-structured. Preparing thoroughly about the role and the company helped me answer confidently. For future candidates, I’d recommend focusing on clarity and conciseness in responses and ensuring your resume is well-crafted.
Company Name: Axis Bank
Position: Product Manager
Application Process: I applied via a referral and was interviewed before May 2023.
Interview Rounds:
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Round 1 - One-on-one Round:
- Questions Asked: Basic introduction about you and your previous roles.
- Your Approach: I provided a concise overview of my background, highlighting relevant experiences and skills.
- Outcome: I passed this round.
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Round 2 - One-on-one Round:
- Questions Asked: Situation-based questions.
- Your Approach: I tackled these by drawing from real-life scenarios and explaining my thought process clearly.
- Outcome: I advanced further in the process.
Preparation Tips:
- Be well-prepared on your current job role and responsibilities. The interview was quite generic, so focus on clarity and confidence in your responses.
Conclusion:
The interview process was straightforward, with a focus on understanding my background and problem-solving approach. Being clear and concise in my answers helped me progress. For future candidates, I’d recommend thoroughly reviewing your resume and practicing situational questions.
Company Name: Axis Bank
Position: Product Manager
Location: [Not specified]
Application Process: I applied for the Product Manager role at Axis Bank via LinkedIn and was interviewed before May 2023.
Interview Rounds:
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Round 1 - One-on-one Round:
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Questions Asked:
- A situational question where they presented a scenario and asked for my responses.
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Your Approach:
- I focused on understanding the scenario thoroughly before responding. I structured my answer by breaking down the situation, identifying key stakeholders, and proposing actionable solutions.
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Outcome:
- I passed this round and moved to the next stage.
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Round 2 - One-on-one Round:
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Questions Asked:
- “What motivates you the most?”
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Your Approach:
- I answered honestly, highlighting my passion for problem-solving, creating impact, and working in dynamic environments. I also tied my motivation to the role of a Product Manager.
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Outcome:
- The interviewer seemed satisfied with my response, and I advanced further in the process.
Top Skills Recommended for Axis Bank Product Manager Interview:
- Market Research
- Networking
- SMS
- Outbound
- Interpersonal Skills
- Marketing
- Monitoring
- EMI
Company Name: Axis Bank
Position: Product Manager
Location: [Not specified]
Application Process: [Not specified]
Interview Rounds:
- Round 1 - One-on-one Round:
- Questions Asked:
- Questions regarding product management lifecycle, SDLC, and product management basics.
- Different software development models, and questions regarding internship.
- Your Approach: I focused on explaining the product management lifecycle and SDLC clearly, drawing from my knowledge and experience. For the software development models, I discussed Agile, Waterfall, and other relevant models, and linked my internship experiences to demonstrate practical understanding.
- Outcome: [Not specified]
- Questions Asked:
Preparation Tips:
- Work on your resume, internship details, and specialisation subjects.
- Brush up on product management basics, SDLC, and software development models.
Conclusion:
The interview was a good learning experience, especially in terms of articulating my knowledge of product management and software development. I realized the importance of linking theoretical concepts with practical experiences. For future candidates, I’d recommend being thorough with the basics and ensuring your resume reflects your skills and experiences accurately.
Company Name: Axis Bank
Position: Product Manager
Application Process: I applied via a referral and was interviewed before December 2021.
Interview Rounds:
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Round 1 - Resume Shortlist Round:
- Questions Asked: No specific questions were asked in this round. The focus was on reviewing my resume.
- Your Approach: I ensured my resume was concise and highlighted relevant experience in banking and product management.
- Outcome: My resume was shortlisted, and I moved to the next round.
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Round 2 - One-on-one Round:
- Questions Asked:
- What are the products you have worked on, and what is the disbursement?
- What is your contribution to product development?
- Your Approach: I answered by detailing my experience with specific products, their disbursement metrics, and my role in their development. I emphasized my problem-solving skills and contributions to improving product features.
- Outcome: The interviewer seemed satisfied with my responses, and I felt confident about my performance.
- Questions Asked:
Preparation Tips:
- Focus on banking domain-related questions, as they are frequently asked.
- Your attitude and clarity in explaining your contributions are key.
- Brush up on product management concepts and your past work to articulate your role effectively.
Conclusion:
Overall, the interview process was smooth, and the questions were aligned with my experience. I could have prepared more specific examples of product metrics to strengthen my answers. For future candidates, I’d recommend thoroughly reviewing your resume and being ready to discuss your contributions in detail.
Company Name: Axis Bank
Position: Product Manager
Location: [Not specified]
Application Process: I applied via a referral and was interviewed in October 2021.
Interview Rounds:
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Round 1 - Technical Interview:
- Questions Asked:
- Questions about my projects.
- Your Approach: I discussed my projects in detail, focusing on my role, the challenges faced, and the outcomes achieved.
- Outcome: Passed to the next round.
- Questions Asked:
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Round 2 - HR Interview:
- Questions Asked:
- General HR questions about my background, motivation for the role, and fit with the company culture.
- Your Approach: I answered honestly, aligning my responses with the company’s values and the role’s requirements.
- Outcome: Passed to the next round.
- Questions Asked:
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Round 3 - Final Interview:
- Questions Asked:
- A mix of technical and behavioral questions, including scenario-based queries related to product management.
- Your Approach: I combined my technical knowledge with problem-solving skills to address the scenarios, while also showcasing my ability to work in a team.
- Outcome: Successfully cleared the round.
- Questions Asked:
Preparation Tips:
- The interview process was relatively straightforward. Focus on understanding the basics of product management, especially in the banking sector.
- Be prepared to discuss your projects in detail, as they are a key part of the evaluation.
- Brush up on behavioral questions to ensure you can articulate your experiences clearly.
Conclusion:
Overall, the interview process was smooth and well-structured. The key to success was being thorough with my project details and staying calm during the interviews. For future candidates, I’d recommend preparing well for both technical and HR rounds, as they are equally important in the selection process.
Company Name: Axis Bank
Position: Product Manager
Application Process: I applied through campus placement before October 2020.
Interview Rounds:
- Round 1 - Assignment and Interview:
- Questions Asked:
- What is the banking sector’s contribution to India’s GDP?
- What will the future of education look like—hybrid, offline, or online?
- How can I improve sales through the website (e.g., changing banners, etc.)?
- Your Approach: I was aware of the banking sector’s GDP contribution in the Indian economy and tried to relate my past work experience to the role. For the education question, I analyzed trends and provided a balanced view. For the sales improvement question, I suggested practical changes like optimizing banners and user experience.
- Outcome: I answered the questions to the best of my ability, but I don’t recall the specific feedback.
- Questions Asked:
Preparation Tips:
- Relate your past work experience to the role you’re applying for. This helps in demonstrating relevance and practical understanding.
Conclusion:
The interview was a good learning experience. I realized the importance of being well-versed in industry trends and connecting my past experiences to the role. For future candidates, I’d advise researching the company’s recent initiatives and being prepared to discuss how your skills align with their goals.
Company Name: Axis Bank
Position: Product Manager
Location: [Location not specified]
Application Process: Applied via campus placement before September 2021.
Interview Rounds:
-
Round 1 - Resume Shortlist:
- Questions Asked: No specific questions were asked in this round. The focus was on reviewing the resume for alignment and formatting.
- Your Approach: Ensured the resume was well-structured and highlighted relevant experiences and skills.
- Outcome: Successfully shortlisted for the next round.
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Round 2 - Group Discussion:
- Questions Asked: The topic for the discussion was “Farm Laws.”
- Your Approach: Actively participated in the discussion, shared insights, and listened to others’ viewpoints.
- Outcome: Cleared the group discussion round.
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Round 3 - One-on-one Round:
- Questions Asked: Questions about PSL (Priority Sector Lending), MSMEs, rural markets, internships, and academic projects during MBA.
- Your Approach: Answered confidently, admitted when unsure about certain topics, and linked responses to practical experiences.
- Outcome: Successfully cleared the round.
Preparation Tips:
- Be confident during the interview. If you don’t know the answer to a question, admit it upfront rather than guessing.
Conclusion:
Overall, the interview process was smooth and well-structured. The key to success was confidence and honesty. For future candidates, focus on understanding the role and aligning your experiences with the job requirements. Group discussions require active participation, so practice speaking clearly and concisely on diverse topics.