Source: SEBI
From the prospectus, ordered by severity. Wording is close to the filing — not softened.
Dependency on Asset Quality
Our business is dependent on the performance of our portfolio, and any deterioration in asset quality may adversely affect our business, results of operations, financial condition and cash flows.
Operational · high
Credit Risk from New Customers
Any adverse developments affecting such customers could lead to increased defaults, which could adversely affect our business, results of operations, financial condition and cash flows.
Financial · high
Dependency on Lending Activities
Our business and revenue from operations are significantly dependent on the lending activities of our Material Subsidiary and its continued access to funding.
Financial · high
Increased Defaults
Increased levels of Gross Stage 3 Loans due to customer defaults.
Financial · high
Reliance on Technology Systems
Our business relies significantly on the continued availability, performance, security and scalability of our technology systems and digital platforms.
Operational · medium
Dependency on Third-Party Channels
Dependency on third-party digital channels for customer acquisition.
Operational · medium
Interest Rate Volatility
Vulnerability to interest rate volatility.
Financial · medium
Financial Covenant Risks
Inability to meet financial covenants under financing arrangements.
Financial · medium