RBI bars four lenders from new loans over pricing practices
Navi Finserv, DMI Finance, Asirvad Micro Finance, Arohan Financial Services · Fintech NBFC / microfinance
The case in brief
Visible before detection
Checks that could have surfaced it, on hindsight
Unit economics & burn
Yield and credit-cost trends would diverge from peers.
Can mislead when: Cost allocation is a judgement call. Kubr shows its assumptions and lets the user change them.
Operating-metric verification
Borrower-level indebtedness data would breach income caps.
Can mislead when: Contract staff do not appear in EPFO. Vahan access needs licensed APIs. Some businesses have no physical trace.
Regulatory & litigation records
RBI directions would appear in regulatory records.
Can mislead when: Court records lag and name spellings vary. A clean record can mean the problem has not reached court yet.
Where Kubr services would have helped
Valuation context
Offered in India- C8 RBI directions would appear in regulatory records.
- C9 Yield and credit-cost trends would diverge from peers.
Financial diligence
Offered in India- C9 Yield and credit-cost trends would diverge from peers.
- C10 Borrower-level indebtedness data would breach income caps.
Model check
Offered in India- C9 Yield and credit-cost trends would diverge from peers.
- C10 Borrower-level indebtedness data would breach income caps.
Portfolio monitor
Offered in India- C8 RBI directions would appear in regulatory records.
- C10 Borrower-level indebtedness data would breach income caps.
Mapped from the checks each service runs. A hindsight reading of public records, not a promise that the failure would have been found.
Same pattern
A summary of public documents. It reports what the sources say. It is not Kubr's finding and not a statement of guilt.