Discover a wealth of insightful materials meticulously crafted to provide you with a comprehensive understanding of the latest trends.
The Goods and Services Tax (GST) regime in India emphasises transparency and accountability and has reshaped how financial institutions assess businesses’ creditworthiness. GST compliance, especially timely and accurate tax filing, has become a critical factor in loan approvals for Indian businesses. Lenders now view compliance as a primary indicator of creditworthiness and risk. Delayed tax […]
Loan evaluation in India still depends heavily on bank account verification, but the number of applications banks, NBFCs, DSAs, and advisory firms handle every day is much higher and complicated than what traditional processes were built for. Many credit underwriters still rely on manual checks, even though the Reserve Bank of India’s 2022 Digital Lending […]
As digital lending accelerates across India, financial institutions are evaluating bank statement analysis platforms that can handle growing portfolios while maintaining accuracy and compliance. Pro Analyser is a newer platform in the bank statement analysis space. However, Precisa has led this market for years, establishing the standard that newer entrants now attempt to match. NBFCs, […]
If you’ve ever been part of a financial forensic audits, you know how long and tiring it can be. These audits are essential for spotting fraud, checking creditworthiness, and ensuring compliance. But traditional audits move at a snail’s pace. According to the International Journal of Innovative Science and Research Technology, AI can now perform real-time […]
Direct Selling Agents (DSAs) connect potential borrowers with the most suitable financial institutions and vice versa. As the number of borrowers grows, financial institutions are relying more on DSAs for loan distribution. However, as DSAs, you face stiff competition and numerous challenges; manual due diligence is one of them, which ultimately impacts DSA ratings. DSAs […]
Designed for high-value, real-time transfers, RTGS transactions are irreversible. Once money leaves an account, recovery is difficult. This means RTGS transactions are a prime target for fraudsters. For instance, in October 2025, a major scam happened in Mumbai. A victim was duped of Rs 58 crore via RTGS into various accounts under the pretext of […]
APIs (Application Programming Interfaces) now drive innovation and operational efficiency across fast-evolving technology domains. API integration enables lenders to automate bank statement analysis, replacing manual reviews with data-driven insights. This approach accelerates and standardises the process for extracting and analysing customer financial data. All lenders, including fintechs, banks, and NBFCs (Non-Banking Finance Companies), process thousands […]
Lenders have long relied on income statements to assess repayment capacity. Yet, defaults still occur among borrowers with seemingly high and stable salaries. Income tells you how much someone earns, not how consistently they manage their money. Traditional credit assessments overlook a critical factor – cash flow stability. The volatility score changes that, offering lenders […]
GST returns are now one of the most dependable indicators of a business’s financial footprint. They reflect declared revenues, tax compliance, and transaction consistency. However, when GST filings don’t align with actual bank inflows, it raises serious questions about the data credibility and borrower transparency. According to the CAG report of 2024, the authorities identified […]
Financial fraud detection is a complex and challenging task, whether you are a lender, forensic auditor, or compliance officer. Despite staying vigilant, fraudsters often find ways to circumvent systems and defraud the financial system. The Reserve Bank of India (RBI) reports a decrease in fraud cases, dropping to 23,953 in 2024-25 from 36,060 the previous […]
