A borrower’s income statement tells you what they earned. It doesn’t tell you what happened to that money between the day it landed and the day the EMI was due. That gap is where most defaults start. It’s why cash flow analysis has become the backbone of credit underwriting at Precisa’s client base rather than […]
Precisa’s credit teams process a lot of bank statements where the applicant’s stated salary and the credits actually showing up in their account tell noticeably different stories. Sometimes that’s innocent, a bonus month, a job change mid-period, a delayed payroll run. Sometimes it isn’t. This article covers how to read salary credits in bank statements […]
A mid-sized NBFC rolled out a modern loan origination system two years ago. The dashboard looks the way a 2026 lending operation should: application status, document checklists, approval workflows, all tracked in one place. Yet a working capital application submitted on a Monday still doesn’t reach a credit decision until the following week. The credit […]
When the Account Aggregator (AA) framework launched in September 2021, the pitch was clear: verified digital data, consent-based, delivered in seconds, without a PDF in sight. For lenders who had spent years chasing borrowers for statements and checking them for alterations, it sounded like the end of a long operational problem. The reality in mid-2026 […]
When a borrower presents an active GSTIN as part of a loan application, credit teams typically treat it as a green flag. The business is registered, the number is valid, and the portal confirms it’s active. Move on to the next document. That’s the wrong conclusion to draw. A GSTIN validation check confirms one thing: […]
The credit underwriting process in India runs through seven stages, from pre-screening and document collection to risk scoring, CAM preparation and final sanction, each requiring specific documents before the next stage can begin. Most guides on credit underwriting spend a lot of words explaining what it is. This one focuses on what each stage requires: […]
The credit process at most NBFCs has a paradox at its centre. The organisation has invested in digital loan origination, a modern LMS, and a CRM. Yet the credit analyst is still downloading PDFs, copying figures into spreadsheets, and waiting on physical documents that need to be verified by hand. The front end is digital, […]
DSAs and NBFCs approve thousands of loan applications monthly, but manual credit analysis misses sophisticated fraud patterns. A borrower shows a ₹80,000 monthly salary, maintains an average balance of ₹ 1.2 lakh, yet defaults within six months. The income was real. The bank statements were genuine. But the cash flow pattern revealed something the manual […]
