India’s credit ecosystem is under pressure. Lenders, forensic auditors, and compliance teams are processing more applications, handling more data, and carrying more regulatory risk than ever before. Choosing the right financial analysis platform isn’t a minor decision anymore. Precisa and Perfios are both well-regarded names in this space, but they serve fairly different needs. Perfios […]
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 […]
Your underwriter approved a Mumbai trading firm in 48 hours. Clean documents, stable cash flow, CIBIL score of 730. Eight months later, it’s restructured. The Jaipur application you rejected last week? Your competitor funded it, and it’s performing. Same underwriting model. Same credit policies. Different states, different outcomes. India’s ₹46 lakh crore small business credit […]
Your underwriting team approved a ₹10 lakh loan yesterday. The bank statement showed stable income and salary deposits within the first week of the month. However, they missed a monthly withdrawal of ₹ 60,000 on the same date for six consecutive months. Is it something that requires further investigation, or does the account holder have […]
The surge in the lending market in India is already expected to reach $724.2 billion by the end of this year. This requires lenders to rely on intelligent solutions that expedite and strengthen decision-making. Lenders need bank statement analysis tools that go beyond basic document review. They need platforms that extract actionable insights from raw […]
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, […]
Even with digital adoption, loan approvals in India still take considerable time. A major part of this delay comes from manual bank statement verification and financial assessment. Analysing one application traditionally takes 30 to 45 days. For a lending institution processing 100 applications monthly, that’s 3,000 to 4,500 days of cumulative work. As a result, […]
Fixed Obligation to Income Ratio (FOIR) shows how much of your monthly income is already locked into fixed payments. This includes EMI payments, rent, and insurance premiums. When you apply for a loan, lenders assess your FOIR ratio to see if you can handle more debt. Most lenders in India favour your FOIR to stay […]
We’re excited to announce the release of the most significant update of Precisa, delivering enhanced Pay-Per-Use capabilities and automatic government benefits detection in transactions. This release addresses the top user requests for flexible credit purchasing whilst advancing financial inclusion through intelligent transaction categorisation. Available now for all Precisa users, this update fundamentally changes how lenders […]
Lending has never been a one-person job. Credit risk managers, compliance officers, and other financial teams must review the same applicant bank statements before making a decision. However, doing this manually without the right financial analysis platform can lead to costly errors. Consider this: data shows that 43% of occupational frauds were caught through tips, […]
