CBSRM · Microfinance Risk Layer · Board risk pack (sample)

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Monthly Board Risk Pack

Sample Laghubitta (synthetic data)

As of 2026-09-30

Rows are centre level pooled accounts: one days past due figure stands for several member loans.

Institution: Sample Laghubitta (synthetic data)
As of: 2026-09-30
Previous month end: 2026-08-31
Contract version: 2 (v1 JSON: contract 1, addendum 1.1)
Seed: v2 20261004, v1 20261129
Generated at: 2026-09-30T23:59:59+05:45
Library: cbsrm 0.9.0
Contract: Contract v2, docs/laghubitta_contract_v2.md (frozen 2026-10-05), additive to v1 and v1.1
Currency: NPR; amounts in crore (1 crore = 1,00,00,000)
Grain: Centre level pooled accounts: one row per centre account per month end.

Illustrative threshold. Pending calibration to the current NRB directive for D class institutions. Nothing in this pack is an NRB finding, a compliance check, an approval or a forecast. The pack displays the published v1 and v2 JSON; it recomputes nothing.

Contents

Data coverage and calibration status
Executive summary
Risk appetite status
Top ten branches by Branch Risk Index
Early warnings
Concentration
Stress and reverse stress
Liquidity and ALM
Field officer and member analytics
Classification
Regulatory monitor
Audit and versions
Management review appendix

1 Data coverage and calibration status

Months of history: 24 month ends (2024-10-31 to 2026-09-30)
Branches: 60
Accounts (centre level, live): 1088
Gross portfolio (crore): 1,684.58
Loans input: present
Balance sheet: present (v1 JSON balance sheet, taken verbatim)
ALM ladder: present
Funding sources: present
Officer assignments (Tier 2): present
Members (Tier 2): present

Calibration status. Every threshold, weight, anchor and limit is illustrative and pending calibration to the current NRB directive for D class institutions. Board appetite limits (section Risk appetite) and the regulatory placeholder (section Regulatory monitor) are shown separately.

Component coverage. Components without data in every branch score: Operational exceptions, Field officers flagged, Branch cash position, Members in shared identifier groups. Components without data in some branch scores: none. Branches without a score: 0. A missing component is left out of the weighted sum and the score carries its reduced weight coverage; it is never shown as low risk.

Rows are centre level pooled accounts: one days past due figure stands for several member loans.

2 Executive summary

Overall level: High. Domains without data: Operational. The overall level is the worst domain status across the Board appetite limits; a domain without data never improves it.

Domain	Health (0 to 100)	Status	Missing limits
Capital	89	Within	none
Liquidity	63	Within	none
Credit	0	Breached	none
Portfolio	100	Within	none
Operational	No data in this extract	No data	Field officers flagged

Branch Risk Index bands: Low 47, Medium 5, Elevated 2, High 6; without a score 0 (of 60 branches).

Early warning levels: Green 32, Yellow 10, Orange 11, Red 7, No data 0 (of 60 branches).

Board appetite limits breached: Collection efficiency 85.7%. Near the limit: none. Without data: Field officers flagged.

Liquidity survival bucket (base case, first negative cumulative gap): none (the cumulative gap stays positive in every bucket).

Quick stress. Three shocks from the stress grid, stressed values beside the baseline in section 7. Provision and PAR effects are immediate (one month end bucket migration); the funding cost hit is twelve months of the rate rise on all borrowings repriced at once (an upper bound); coverage covers 90 days.

Shock (stressed)	Severity	PAR30	PAR90	CAR	90 day coverage	Extra provisions (crore)	Ladder
Collection decline	10.0%	5.74%	2.13%	11.05%	1.16x	9.57	Watch
Agricultural income shock	20.0%	5.62%	1.86%	11.45%	1.25x	2.28	Normal
Funding cost rise	200 bps	5.54%	1.75%	10.28%	1.25x	0.00	Normal

Principal drivers. The three highest Branch Risk Index scores and the components that add most to them:

Rautahat 1 (BR018, Rautahat, Madhesh): BRI 83 of 100 (High). Main drivers: PAR30 26.6% (+31.3 points), PAR30 change over 3 months +25.19 pp (+25.0 points), Collection shortfall 35.4% (+18.8 points).
Saptari 1 (BR011, Saptari, Madhesh): BRI 77 of 100 (High). Main drivers: PAR30 33.6% (+31.3 points), PAR30 change over 3 months +31.93 pp (+25.0 points), Collection shortfall 34.8% (+18.8 points).
Bardiya 1 (BR046, Bardiya, Lumbini): BRI 76 of 100 (High). Main drivers: PAR30 20.5% (+31.3 points), PAR30 change over 3 months +19.51 pp (+25.0 points), Collection shortfall 30.8% (+18.8 points).

Prior comparison. Institution series from the v1 JSON; change is the difference in percentage points, or the percent change for the gross portfolio; n/a when a series point is absent. As of 2026-09-30; previous month end 2026-08-31; twelve month ends earlier 2025-09-30.

Measure	As of	Previous month end	Change	Twelve month ends earlier	Change
PAR30	5.54%	4.85%	+0.70 pp	5.82%	-0.28 pp
PAR90	1.75%	1.23%	+0.52 pp	1.84%	-0.09 pp
Collection efficiency	85.74%	84.39%	+1.35 pp	88.18%	-2.43 pp
Gross portfolio (crore)	1,684.58	1,689.94	-0.3%	1,532.26	+9.9%

Illustrative threshold. Pending calibration to the current NRB directive for D class institutions.

3 Risk appetite status

Board appetite limits (contract v2 section 7). Position is the distance from trigger to limit: below 0 within, 0 to 1 between trigger and limit, above 1 beyond the limit. A limit without a value in this extract shows No data and never counts as within appetite.

Limit	Scope	Value	Trigger	Limit	Status	Position	Action
PAR30	institution	5.5%	10.0%	12.0%	Within	-2.23	Within appetite
PAR90	institution	1.7%	7.0%	9.0%	Within	-2.63	Within appetite
NPL ratio	institution	1.7%	8.0%	10.0%	Within	-3.13	Within appetite
Write off ratio	institution	0.3%	2.0%	3.0%	Within	-1.67	Within appetite
Collection efficiency	institution	85.7%	95.0%	92.0%	Breached	3.09	Escalate to the Board risk committee
Largest district share	district	4.2%	12.0%	15.0%	Within	-2.62	Within appetite
Agriculture and livestock share	sector	22.4%	65.0%	75.0%	Within	-4.26	Within appetite
Sector concentration (HHI)	sector	0.194	0.250	0.300	Within	-1.12	Within appetite
Top 10 branches share	institution	24.6%	30.0%	35.0%	Within	-1.08	Within appetite
Capital adequacy ratio	balance_sheet	11.6%	10.0%	8.0%	Within	-0.79	Within appetite
90 day liquidity coverage	balance_sheet	1.25x	1.20x	1.00x	Within	-0.25	Within appetite
Field officers flagged	institution	no data	5.0%	10.0%	No data	no data	No data in this extract

Collection efficiency counts arrears in the amount due (v1 definition), so it reads lower than an on time repayment rate.

Illustrative threshold. Pending calibration to the current NRB directive for D class institutions.

Branch limits summary. Per branch limits over every branch with rows at the as of date.

Branch limit	Trigger	Limit	Within	Near	Breached	No data	Breached branches	Near branches
Branch PAR30	8.0%	10.0%	50	0	10	0	BR008 Dhankuta 1 13.0%, BR011 Saptari 1 33.6%, BR012 Siraha 1 34.8%, BR018 Rautahat 1 26.6%, BR022 Kathmandu 1 11.1%, BR039 Rupandehi 1 22.4%, BR041 Kapilvastu 1 29.3%, BR046 Bardiya 1 20.5%, BR048 Gulmi 1 19.6%, BR051 Jumla 1 19.1%	none

4 Top ten branches by Branch Risk Index

Ranked by score, ties by branch id, over 60 scored of 60 branches. Weight coverage is the share of component weight with data; a component without data is left out of the score and listed in the explanation.

Rank	Branch	District	Province	BRI	Band	Weight coverage	Top drivers	Explanation
1	Rautahat 1 (BR018)	Rautahat	Madhesh	82.5	High	80%	PAR30, PAR30 change over 3 months, Collection shortfall	Rautahat 1 scores 83 of 100 (High). Main drivers: PAR30 26.6% (+31.3 points), PAR30 change over 3 months +25.19 pp (+25.0 points), Collection shortfall 35.4% (+18.8 points). Components without data: Operational exceptions, Field officers flagged, Branch cash position, Members in shared identifier groups.
2	Saptari 1 (BR011)	Saptari	Madhesh	77.4	High	80%	PAR30, PAR30 change over 3 months, Collection shortfall	Saptari 1 scores 77 of 100 (High). Main drivers: PAR30 33.6% (+31.3 points), PAR30 change over 3 months +31.93 pp (+25.0 points), Collection shortfall 34.8% (+18.8 points). Components without data: Operational exceptions, Field officers flagged, Branch cash position, Members in shared identifier groups.
3	Bardiya 1 (BR046)	Bardiya	Lumbini	75.6	High	80%	PAR30, PAR30 change over 3 months, Collection shortfall	Bardiya 1 scores 76 of 100 (High). Main drivers: PAR30 20.5% (+31.3 points), PAR30 change over 3 months +19.51 pp (+25.0 points), Collection shortfall 30.8% (+18.8 points). Components without data: Operational exceptions, Field officers flagged, Branch cash position, Members in shared identifier groups.
4	Kapilvastu 1 (BR041)	Kapilvastu	Lumbini	75.4	High	80%	PAR30, PAR30 change over 3 months, Collection shortfall	Kapilvastu 1 scores 75 of 100 (High). Main drivers: PAR30 29.3% (+31.3 points), PAR30 change over 3 months +26.40 pp (+25.0 points), Collection shortfall 35.1% (+18.8 points). Components without data: Operational exceptions, Field officers flagged, Branch cash position, Members in shared identifier groups.
5	Siraha 1 (BR012)	Siraha	Madhesh	75.0	High	80%	PAR30, PAR30 change over 3 months, Collection shortfall	Siraha 1 scores 75 of 100 (High). Main drivers: PAR30 34.8% (+31.3 points), PAR30 change over 3 months +33.47 pp (+25.0 points), Collection shortfall 36.8% (+18.8 points). Components without data: Operational exceptions, Field officers flagged, Branch cash position, Members in shared identifier groups.
6	Gulmi 1 (BR048)	Gulmi	Lumbini	75.0	High	80%	PAR30, PAR30 change over 3 months, Collection shortfall	Gulmi 1 scores 75 of 100 (High). Main drivers: PAR30 19.6% (+31.3 points), PAR30 change over 3 months +13.66 pp (+25.0 points), Collection shortfall 32.3% (+18.8 points). Components without data: Operational exceptions, Field officers flagged, Branch cash position, Members in shared identifier groups.
7	Dhankuta 1 (BR008)	Dhankuta	Koshi	69.6	Elevated	80%	PAR30, PAR30 change over 3 months, Collection shortfall	Dhankuta 1 scores 70 of 100 (Elevated). Main drivers: PAR30 13.0% (+26.7 points), PAR30 change over 3 months +11.55 pp (+25.0 points), Collection shortfall 11.7% (+14.6 points). Components without data: Operational exceptions, Field officers flagged, Branch cash position, Members in shared identifier groups.
8	Kathmandu 1 (BR022)	Kathmandu	Bagmati	67.5	Elevated	80%	PAR30 change over 3 months, PAR30, Collection shortfall	Kathmandu 1 scores 67 of 100 (Elevated). Main drivers: PAR30 change over 3 months +4.82 pp (+24.1 points), PAR30 11.1% (+22.6 points), Collection shortfall 20.4% (+18.8 points). Components without data: Operational exceptions, Field officers flagged, Branch cash position, Members in shared identifier groups.
9	Jumla 1 (BR051)	Jumla	Karnali	58.6	Medium	80%	PAR30, Collection shortfall, PAR30 change over 3 months	Jumla 1 scores 59 of 100 (Medium). Main drivers: PAR30 19.1% (+31.3 points), Collection shortfall 27.2% (+18.8 points), PAR30 change over 3 months +1.65 pp (+8.3 points). Components without data: Operational exceptions, Field officers flagged, Branch cash position, Members in shared identifier groups.
10	Rupandehi 1 (BR039)	Rupandehi	Lumbini	53.4	Medium	80%	PAR30, Collection shortfall, Sector concentration (HHI)	Rupandehi 1 scores 53 of 100 (Medium). Main drivers: PAR30 22.4% (+31.3 points), Collection shortfall 51.5% (+18.8 points), Sector concentration (HHI) 0.330 (+2.2 points). Components without data: Operational exceptions, Field officers flagged, Branch cash position, Members in shared identifier groups.

Illustrative threshold. Pending calibration to the current NRB directive for D class institutions.

5 Early warnings

Rule based early warning (contract v2 section 8): Red is two or more high rules or a high PAR30 level; Orange two or more rules or one high rule; Yellow one rule; Green none; No data when the branch has no comparison month.

Green	Yellow	Orange	Red	No data	Branches
32	10	11	7	0	60

Alerts: 54 rule hits across all branches, 24 high. The owner shown under each level is the escalation target in the output; escalation is metadata only, nothing is sent anywhere.

Red and Orange branches with their explanations:

Level	Branch	Rules	High	Escalate to	Explanation
Red	Sunsari 1 (BR005)	3	2	risk department	Sunsari 1: Red level, escalate to the risk department. 3 rules fired: Collection efficiency drop +6.10 pp (threshold +5.00 pp, medium); 1 to 30 day share rise over 3 months +15.81 pp (threshold +2.00 pp, high); Roll rate from current 15.4% (threshold 5.0%, high).
Red	Saptari 1 (BR011)	4	3	risk department	Saptari 1: Red level, escalate to the risk department. 4 rules fired: Collection efficiency drop +7.27 pp (threshold +5.00 pp, medium); 1 to 30 day share rise over 3 months +10.37 pp (threshold +2.00 pp, high); PAR30 jump in the month +29.74 pp (threshold +2.00 pp, high); PAR30 level 33.6% (threshold 10.0%, high).
Red	Siraha 1 (BR012)	5	4	risk department	Siraha 1: Red level, escalate to the risk department. 5 rules fired: 1 to 30 day share rise over 3 months +17.52 pp (threshold +2.00 pp, high); PAR30 jump in the month +22.10 pp (threshold +2.00 pp, high); PAR30 level 34.8% (threshold 10.0%, high); PAR30 rising streak 6 months (threshold 4 months, high); Roll rate from current 7.1% (threshold 5.0%, medium).
Red	Rautahat 1 (BR018)	2	1	risk department	Rautahat 1: Red level, escalate to the risk department. 2 rules fired: Growth over 6 months with rising PAR30 +40.2% (threshold +40.0%, medium); PAR30 level 26.6% (threshold 10.0%, high).
Red	Rupandehi 1 (BR039)	4	2	risk department	Rupandehi 1: Red level, escalate to the risk department. 4 rules fired: Farm share in monsoon months 70.2% (threshold 60.0%, medium); 1 to 30 day share rise over 3 months +4.99 pp (threshold +2.00 pp, high); PAR30 level 22.4% (threshold 10.0%, high); Roll rate from current 6.0% (threshold 5.0%, medium).
Red	Kapilvastu 1 (BR041)	3	3	risk department	Kapilvastu 1: Red level, escalate to the risk department. 3 rules fired: PAR30 jump in the month +4.79 pp (threshold +2.00 pp, high); PAR30 level 29.3% (threshold 10.0%, high); Roll rate from current 18.1% (threshold 5.0%, high).
Red	Bardiya 1 (BR046)	3	2	risk department	Bardiya 1: Red level, escalate to the risk department. 3 rules fired: Collection efficiency drop +8.94 pp (threshold +5.00 pp, medium); PAR30 level 20.5% (threshold 10.0%, high); PAR30 rising streak 6 months (threshold 4 months, high).
Orange	Ilam 1 (BR007)	1	1	regional manager	Ilam 1: Orange level, escalate to the regional manager. 1 rule fired: PAR30 jump in the month +4.95 pp (threshold +2.00 pp, high).
Orange	Dhankuta 1 (BR008)	3	1	regional manager	Dhankuta 1: Orange level, escalate to the regional manager. 3 rules fired: Collection efficiency drop +5.19 pp (threshold +5.00 pp, medium); PAR30 jump in the month +11.55 pp (threshold +2.00 pp, high); PAR30 level 13.0% (threshold 10.0%, medium).
Orange	Sarlahi 1 (BR016)	1	1	regional manager	Sarlahi 1: Orange level, escalate to the regional manager. 1 rule fired: Restructured share rise over 3 months +4.17 pp (threshold +2.00 pp, high).
Orange	Bara 1 (BR019)	2	1	regional manager	Bara 1: Orange level, escalate to the regional manager. 2 rules fired: 1 to 30 day share rise over 3 months +7.98 pp (threshold +2.00 pp, high); Roll rate from current 8.7% (threshold 5.0%, medium).
Orange	Kathmandu 1 (BR022)	2	0	regional manager	Kathmandu 1: Orange level, escalate to the regional manager. 2 rules fired: PAR30 level 11.1% (threshold 10.0%, medium); PAR30 rising streak 5 months (threshold 4 months, medium).
Orange	Bhaktapur 1 (BR024)	2	1	regional manager	Bhaktapur 1: Orange level, escalate to the regional manager. 2 rules fired: 1 to 30 day share rise over 3 months +7.36 pp (threshold +2.00 pp, high); Roll rate from current 7.4% (threshold 5.0%, medium).
Orange	Gulmi 1 (BR048)	2	0	regional manager	Gulmi 1: Orange level, escalate to the regional manager. 2 rules fired: Collection efficiency drop +6.88 pp (threshold +5.00 pp, medium); PAR30 level 19.6% (threshold 10.0%, medium).
Orange	Dailekh 1 (BR050)	2	0	regional manager	Dailekh 1: Orange level, escalate to the regional manager. 2 rules fired: PAR30 jump in the month +2.70 pp (threshold +2.00 pp, medium); PAR30 rising streak 4 months (threshold 4 months, medium).
Orange	Jumla 1 (BR051)	3	0	regional manager	Jumla 1: Orange level, escalate to the regional manager. 3 rules fired: Collection efficiency drop +6.71 pp (threshold +5.00 pp, medium); PAR30 level 19.1% (threshold 10.0%, medium); PAR30 rising streak 4 months (threshold 4 months, medium).
Orange	Kanchanpur 1 (BR056)	1	1	regional manager	Kanchanpur 1: Orange level, escalate to the regional manager. 1 rule fired: 1 to 30 day share rise over 3 months +5.18 pp (threshold +2.00 pp, high).
Orange	Doti 1 (BR057)	1	1	regional manager	Doti 1: Orange level, escalate to the regional manager. 1 rule fired: 1 to 30 day share rise over 3 months +4.14 pp (threshold +2.00 pp, high).

Illustrative threshold. Pending calibration to the current NRB directive for D class institutions.

6 Concentration

Concentration summary at the as of date (contract v2 section 5), live outstanding by dimension.

Dimension	HHI	Top 5 share
District	0.026	20.3%
Sector	0.194	89.8%
Product	0.336	100.0%

Agriculture and livestock share: 22.4%
Top 10 branches share: 24.6%
Largest district share: 4.2%

Concentration limits (the Portfolio domain of the Board appetite):

Limit	Value	Trigger	Limit	Status	Explanation
Largest district share	4.2%	12.0%	15.0%	Within	Largest district share 4.2% (trigger 12.0%, limit 15.0%): Within appetite.
Agriculture and livestock share	22.4%	65.0%	75.0%	Within	Agriculture and livestock share 22.4% (trigger 65.0%, limit 75.0%): Within appetite.
Sector concentration (HHI)	0.194	0.250	0.300	Within	Sector concentration (HHI) 0.194 (trigger 0.250, limit 0.300): Within appetite.
Top 10 branches share	24.6%	30.0%	35.0%	Within	Top 10 branches share 24.6% (trigger 30.0%, limit 35.0%): Within appetite.

Illustrative threshold. Pending calibration to the current NRB directive for D class institutions.

7 Stress and reverse stress

Horizons. Provisions: immediate, one month end bucket migration. Funding cost: 12 months, all borrowings repriced at once (upper bound). Liquidity: 90 days. ALM: ALM bucket horizons. Provision and PAR effects are immediate (one month end bucket migration on current balances); the funding cost hit is twelve months of the rate rise on all borrowings repriced at once, an upper bound and not a cash flow forecast; coverage and gaps from the balance sheet cover 90 days.

Baseline versus stressed. The baseline row is the Board appetite value at the as of date with no shock applied. Every row in the grid below is a stressed value under the stated shock and is not a forecast.

View	PAR30	PAR90	CAR	90 day coverage
Baseline (no shock, Board appetite values at the as of date)	5.54%	1.75%	11.57%	1.25x

Scenario grid. Ladder status compares each stressed value with the Board appetite limits for PAR30, PAR90, CAR and 90 day coverage.

Family	Severity	Province	PAR30	PAR90	CAR	90 day coverage	Ladder
Collection decline	5.0%	all	5.64%	1.94%	11.31%	1.21x	Normal
Collection decline	10.0%	all	5.74%	2.13%	11.05%	1.16x	Watch
Collection decline	20.0%	all	5.94%	2.51%	10.52%	1.08x	Elevated
Agricultural income shock	10.0%	all	5.58%	1.81%	11.51%	1.25x	Normal
Agricultural income shock	15.0%	all	5.60%	1.84%	11.48%	1.25x	Normal
Agricultural income shock	20.0%	all	5.62%	1.86%	11.45%	1.25x	Normal
Agricultural income shock	30.0%	all	5.66%	1.92%	11.39%	1.25x	Normal
Regional shock	10.0%	Bagmati	5.58%	1.78%	11.48%	1.25x	Normal
Regional shock	10.0%	Gandaki	5.55%	1.77%	11.53%	1.25x	Normal
Regional shock	10.0%	Karnali	5.54%	1.76%	11.54%	1.25x	Normal
Regional shock	10.0%	Koshi	5.59%	1.80%	11.49%	1.25x	Normal
Regional shock	10.0%	Lumbini	5.57%	1.84%	11.46%	1.25x	Normal
Regional shock	10.0%	Madhesh	5.60%	1.91%	11.46%	1.25x	Normal
Regional shock	10.0%	Sudurpashchim	5.56%	1.76%	11.53%	1.25x	Normal
Regional shock	20.0%	Bagmati	5.61%	1.81%	11.39%	1.25x	Normal
Regional shock	20.0%	Gandaki	5.56%	1.79%	11.48%	1.25x	Normal
Regional shock	20.0%	Karnali	5.54%	1.78%	11.50%	1.25x	Normal
Regional shock	20.0%	Koshi	5.64%	1.85%	11.41%	1.25x	Normal
Regional shock	20.0%	Lumbini	5.60%	1.93%	11.36%	1.25x	Normal
Regional shock	20.0%	Madhesh	5.66%	2.07%	11.34%	1.25x	Normal
Regional shock	20.0%	Sudurpashchim	5.58%	1.77%	11.49%	1.25x	Normal
Funding cost rise	100 bps	all	5.54%	1.75%	10.93%	1.25x	Normal
Funding cost rise	200 bps	all	5.54%	1.75%	10.28%	1.25x	Normal
Funding cost rise	300 bps	all	5.54%	1.75%	9.63%	1.25x	Watch
Collection delay	15 days	all	5.54%	1.75%	11.57%	1.11x	Watch
Collection delay	30 days	all	5.54%	1.75%	11.57%	0.96x	Breached
Collection delay	60 days	all	5.54%	1.75%	11.57%	0.68x	Breached

Regional worst. Per regional severity, the province with the lowest stressed CAR.

Severity	Worst province (lowest CAR)	CAR	PAR30	Ladder
10.0%	Madhesh	11.46%	5.60%	Normal
20.0%	Madhesh	11.34%	5.66%	Normal

PAR30 target. The one bucket shift of the whole book that reaches a target PAR30, with the reason when it cannot.

Target id	Target PAR30	Status	Bucket shift	CAR at target	Ladder	Reason
par_target:0	3.0%	Already above	no data	no data	no data	Current PAR30 5.5% is already above the target.
par_target:1	5.0%	Already above	no data	no data	no data	Current PAR30 5.5% is already above the target.
par_target:2	8.0%	Not reachable	no data	no data	no data	A one bucket shift of the whole book reaches at most PAR30 7.5%.
verification midpoint	6.5%	Solved	50.0%	8.94%	Elevated	Solved by bisection.

Reverse stress. The smallest severity at which a target crosses its illustrative limit, searched by bisection over the stated range.

Family	Target	Range	Severity at breach	Status	Value at breach	Explanation
Collection decline	Capital	100.0%	68.0%	Breach found	8.00%	Capital falls below the illustrative floor if collections decline by 68.0%.
Collection decline	Liquidity coverage	100.0%	29.2%	Breach found	1.00x	Liquidity coverage falls below the illustrative floor if collections decline by 29.2%.
Collection decline	PAR30	100.0%	none up to 100.0%	Not breached in range	n/a	PAR30 stays within the illustrative limit for collection declines up to 100.0%.
Agricultural income shock	Capital	100.0%	none up to 100.0%	Not breached in range	n/a	Capital stays within the illustrative limit for farm income falls up to 100.0%.
Agricultural income shock	Liquidity coverage	100.0%	none up to 100.0%	Not breached in range	n/a	Liquidity coverage stays within the illustrative limit for farm income falls up to 100.0%.
Agricultural income shock	PAR30	100.0%	none up to 100.0%	Not breached in range	n/a	PAR30 stays within the illustrative limit for farm income falls up to 100.0%.
Regional shock	Capital	100.0%	none up to 100.0%	Not breached in range	n/a	Capital stays within the illustrative limit for shocks in any one province up to 100.0%.
Regional shock	Liquidity coverage	100.0%	none up to 100.0%	Not breached in range	n/a	Liquidity coverage stays within the illustrative limit for shocks in any one province up to 100.0%.
Regional shock	PAR30	100.0%	none up to 100.0%	Not breached in range	n/a	PAR30 stays within the illustrative limit for shocks in any one province up to 100.0%.
Funding cost rise	Capital	2000 bps	551 bps	Breach found	8.00%	Capital falls below the illustrative floor if funding costs rise by 551 bps.
Funding cost rise	Liquidity coverage	2000 bps	none up to 2000 bps	Not breached in range	n/a	Liquidity coverage stays within the illustrative limit for funding cost rises up to 2000 bps.
Funding cost rise	PAR30	2000 bps	none up to 2000 bps	Not breached in range	n/a	PAR30 stays within the illustrative limit for funding cost rises up to 2000 bps.
Collection delay	Capital	90 days	none up to 90 days	Not breached in range	n/a	Capital stays within the illustrative limit for collection delays up to 90 days.
Collection delay	Liquidity coverage	90 days	26.2 days	Breach found	1.00x	Liquidity coverage falls below the illustrative floor if collections are delayed by 26.2 days.
Collection delay	PAR30	90 days	none up to 90 days	Not breached in range	n/a	PAR30 stays within the illustrative limit for collection delays up to 90 days.

Provisioning basis reconciliation. Two provisioning bases on the same book. The stress view applies the v1 bucket rates; the classification view applies the configurable five band rates. Both are illustrative placeholders pending calibration.

Days past due	Balance (crore)	Bucket	Bucket rate	Bucket provision (crore)	Class	Class rate	Class provision (crore)	Difference (crore)
0 to 0	1,558.02	current	1.0%	15.58	pass	1.0%	15.58	0.00
1 to 30	33.17	b1_30	5.0%	1.66	pass	1.0%	0.33	1.33
31 to 90	63.94	b31_90	25.0%	15.98	watchlist	5.0%	3.20	12.79
91 to 180	21.49	b91_180	50.0%	10.74	substandard	25.0%	5.37	5.37
181 to 365	7.97	b180p	100.0%	7.97	doubtful	50.0%	3.99	3.99
above 365	0.00	b180p	100.0%	0.00	loss	100.0%	0.00	0.00
Total	1,684.58			51.94			28.47	23.47

Illustrative threshold. Pending calibration to the current NRB directive for D class institutions.

8 Liquidity and ALM

ALM ladder at the as of date (contract v2 section 11). The cumulative gap starts from liquid assets; borrowing principal is assumed rolled over in the base case and is not an outflow. The survival bucket is the first bucket with a negative cumulative gap.

Bucket	Inflows (crore)	Outflows (crore)	Gap (crore)	Cumulative gap (crore)	Cumulative gap to total assets
0 to 1 month	134.77	155.65	-20.89	164.41	8.56%
1 to 3 months	269.53	316.03	-46.49	117.92	6.14%
3 to 6 months	390.82	370.61	20.21	138.13	7.19%
6 to 12 months	643.51	601.40	42.11	180.25	9.39%
1 to 3 years	421.15	348.71	72.44	252.69	13.16%
over 3 years	31.16	19.71	11.46	264.14	13.75%

Survival bucket (base case): none (the cumulative gap stays positive in every bucket).

Funding profile.

Total borrowings (crore): 1,179.21
Largest lender: LD001 at 25.0%
Top 3 lenders share: 51.0%
Lender concentration (HHI): 0.134
Weighted average cost of funds: 9.87%
Maturing within 3 months: 24.8%
By lender type: Banks 70.0%, Wholesale microfinance lenders 20.0%, Other 10.0%

Lender	Amount (crore)	Share
LD001	294.80	25.0%
LD002	165.09	14.0%
LD003	141.51	12.0%
LD004	117.92	10.0%
LD005	106.13	9.0%
LD006	94.34	8.0%
LD007	82.54	7.0%
LD008	70.75	6.0%
LD009	58.96	5.0%
LD010	47.17	4.0%

Liquidity stresses. Survival bucket and the cumulative gap after the 1 to 3 month bucket under each stress.

Liquidity stress	Survival bucket	Cumulative gap after 3 months (crore)
Collections delayed: 30% of inflows in the next 3 months	1 to 3 months	-3.37
Largest lender does not roll over	1 to 3 months	-21.23
All contractual outflows 25% higher (savings withdrawal pressure)	3 to 6 months	0.00

Sample results. Requires ALM and funding files in a pilot.

Illustrative threshold. Pending calibration to the current NRB directive for D class institutions.

9 Field officer and member analytics (sample data only)

Sample data only. Field officer and member analytics from the bundled synthetic Tier 2 files (officer assignments for the latest seven month ends and a member sample for the latest month end in three branches). Tier 2 never changes the Tier 1 figures above; its effect on them is shown separately here as the overlay.

Officers with accounts: 300
Flagged officers: 24 (26 flagged metrics)
Flag share (feeds the Operational domain through the overlay): 8.0%
Member sample branches: BR018, BR005, BR053
Members in sample: 2334
Member grades: A 1370, B 742, C 148, D 74, E 0
Members scored on partial data: 638
Identity anomaly groups: 5
Anomaly share by branch: BR018 1.17%, BR005 0.53%, BR053 0.56%
Multiple borrowing flagged: 283

Flagged officer metrics (robust z against the peer group)
Officer	Branch	Metric	Value	Robust z	Peer group	Peers
OF0003	BR001	Six month growth	+112.0%	13.6	branch	5
OF0009	BR002	Collection efficiency	74.3%	-4.3	branch	6
OF0017	BR004	Collection efficiency	77.3%	-4.9	branch	6
OF0020	BR004	Collection efficiency	58.3%	-9.6	branch	6
OF0020	BR004	Six month growth	+255.1%	7.5	branch	6
OF0020	BR004	PAR30	15.8%	5.1	branch	6
OF0036	BR008	Six month growth	+63.9%	4.5	branch	5
OF0054	BR012	Collection efficiency	14.4%	-5.6	branch	5
OF0060	BR013	Six month growth	+320.8%	5.8	branch	5
OF0086	BR018	PAR30	87.6%	13.5	branch	5
OF0096	BR020	Six month growth	+184.0%	8.4	branch	7
OF0098	BR020	PAR30	29.1%	4.2	branch	7
OF0110	BR022	Six month growth	+76.7%	4.1	branch	6
OF0115	BR023	Collection efficiency	60.3%	-9.5	branch	6
OF0148	BR030	Six month growth	+7859.4%	205.2	branch	6
OF0151	BR030	Collection efficiency	23.8%	-3.7	branch	6
OF0172	BR035	Six month growth	+335.8%	8.3	branch	5
OF0189	BR039	Collection efficiency	27.7%	-4.7	branch	5
OF0196	BR040	Six month growth	+162.3%	10.2	branch	6
OF0200	BR041	PAR30	82.8%	10.3	branch	5
OF0203	BR041	PAR30	49.2%	5.8	branch	5
OF0227	BR046	Six month growth	+85.3%	4.3	branch	5
OF0238	BR048	Six month growth	+154.2%	7.8	branch	5
OF0248	BR050	Six month growth	+148.5%	4.3	branch	5
OF0261	BR052	Six month growth	+266.4%	8.1	branch	7
OF0288	BR057	Six month growth	+281.6%	17.3	branch	6

Identity anomaly groups (tokens only; no names are held)
Type	Token prefix	Members	Branches	Severity
Identity conflict	ffc7d48c	2	BR005, BR018	High
Shared contact	80cda4a0	4	BR053	Medium
Shared contact	8c555c3d	3	BR018	Medium
Shared contact	9b9f48ac	6	BR018	High
Shared contact	f4668070	3	BR005	Medium

Domain health with the Tier 2 overlay
Domain	Health (Tier 1)	Status (Tier 1)	Health (with overlay)	Status (with overlay)
Capital	89	Within	89	Within
Liquidity	63	Within	63	Within
Credit	0	Breached	0	Breached
Portfolio	100	Within	100	Within
Operational	no data	No data	20	Near

With the overlay the overall level is High (Tier 1: High); domains without data: none. Branch Risk Index bands, Tier 1 to overlay: Low 47 to 47; Medium 5 to 5; Elevated 2 to 6; High 6 to 2. Bands move when the staff and anomaly components gain data and the renormalised weights dilute the other components.

Pattern differs from branch peers. Review recommended. Not evidence of misconduct.

Shared identifier across members. Review recommended. Illustrative threshold; depends on lawful Credit Information Bureau data.

10 Classification

Classification view at 2026-09-30 (contract v1.1).

Band	Days past due	Accounts	Balance (crore)	Share	Provision rate	Provision (crore)
Pass	0 to 30	967	1,591.18	94.46%	1.0%	15.91
Watchlist	31 to 90	95	63.94	3.80%	5.0%	3.20
Substandard	91 to 180	20	21.49	1.28%	25.0%	5.37
Doubtful	181 to 365	6	7.97	0.47%	50.0%	3.99
Loss	above 365	0	0.00	0.00%	100.0%	0.00
Total			1,684.58			28.47

Configurable five-band classification. Bands and rates are placeholders pending calibration to the current NRB directive for D-class institutions.

11 Regulatory monitor (placeholder)

Placeholder rules. Not a compliance check. Calibrate from the current NRB Unified Directive for D class institutions before any real use.

Rule set version: 0-placeholder
Effective from: none
Source: none

These placeholder rows reuse the Board appetite evaluator with placeholder values; they are not NRB rules, not NRB findings, and carry no regulatory source. They are shown apart from the Board appetite limits of section 3 so that the two are never read as one.

Placeholder rule	Value	Trigger	Limit	Status	Action
PAR30	5.5%	10.0%	12.0%	Within	Within appetite
PAR90	1.7%	7.0%	9.0%	Within	Within appetite
NPL ratio	1.7%	8.0%	10.0%	Within	Within appetite
Write off ratio	0.3%	2.0%	3.0%	Within	Within appetite
Collection efficiency	85.7%	95.0%	92.0%	Breached	Escalate to the Board risk committee
Largest district share	4.2%	12.0%	15.0%	Within	Within appetite
Agriculture and livestock share	22.4%	65.0%	75.0%	Within	Within appetite
Sector concentration (HHI)	0.194	0.250	0.300	Within	Within appetite
Top 10 branches share	24.6%	30.0%	35.0%	Within	Within appetite
Capital adequacy ratio	11.6%	10.0%	8.0%	Within	Within appetite
90 day liquidity coverage	1.25x	1.20x	1.00x	Within	Within appetite

Placeholder rules. Not a compliance check. Calibrate from the current NRB Unified Directive for D class institutions before any real use.

12 Audit and versions

Every figure in this pack is read from the two published JSON files whose hashes appear below. The v2 audit chain extends the v1 chain: its first record links to the v1 head.

Library version: cbsrm 0.9.0
Contract: Contract v2, docs/laghubitta_contract_v2.md (frozen 2026-10-05), additive to v1 and v1.1
v1 loans input sha256: cd6b4cc2d95ddfd3fd64d11eeebbcf6496f50b6d4fa414d1448a23558c3c69a6
v1 JSON sha256 (as read by the v2 generator): cc77d689b658a5594e2e9b614091f5979e95d39a5e83c2c832c02bef98723290
v1 chain records: institution, branches, migration, concentration, alerts, classification, findings, scenario:base, scenario:rate_up_200bp, scenario:agri_income_shock, scenario:monsoon_seasonal, scenario:regional_disaster, scenario:funding_squeeze
v1 audit chain head: 235394581dce09a146a630656da8963e2b1ed1ffe9fe26a150f5f5690885c2e0
v2 prev_head_hash: 235394581dce09a146a630656da8963e2b1ed1ffe9fe26a150f5f5690885c2e0 (links to the v1 head (equal))
v2 chain records: branch_risk, risk_appetite, early_warning, geo, concentration, provisioning, stress, liquidity, seasonal, vintage, officers, members, tier2_overlay
v2 audit chain head: 7b02fadb92e95e2132cc7727042a3c21def8039dd9dd0822b5198d63201376db
ALM CSV sha256: cec1ab6da2e10a6bc637258922696bd02415f4c8a034509aaf0124da1d2377db
Funding CSV sha256: 44fea3597c32e229b43ddf1ed45dff4a58916fa592ae36d88fe5fb5d617c88b5
Officers CSV sha256: 7074b28bb5a5632f7378137fbf8c782c040b156ef4ab7e3b0df0d3b894065370
Members CSV sha256: 4448aeef64a9fff1a849f6bf1ad37f58017506c0147d4dbc947de5ae783627bb
Generated at: 2026-09-30T23:59:59+05:45
Seeds: v1 20261129, v2 20261004

v2 chain records.

Record	Output sha256	Record hash
branch_risk	c7031cc3ecb15833a90286a5090f51d48b374633d7fc360fab57484d8d0141a8	4b0f0f2aaed598772ce2c531fc8b026ab1a7a40826e84d64c8b478daf631bbb1
risk_appetite	f9d5e0e54fa6a8b6d43dc516afe11bb9222070c64eab865789294978578b3d3a	d710ff5cfe781e2a9a391c36b1de080ddcf0393399b5c36334bc38790c994f11
early_warning	a193f55347de71068f33e14ac2d6d896739643b75ff3c944fd451ed0732af6df	000e17af03fdb41af48e422e9b873fd4c54c4c4ffd23d2026bf54416dc190334
geo	0bdb005c4b7e30f9e3ac255183e39e1ec20c86f327911ad25b56b8c66d75ff7e	ab32c84f5ad2807c02baaad0a783479b15be74b79e0379fec95df67508ea813b
concentration	a2b4099b0153f4290f25d1f8fd83b2cc96aa5d226a4370af36558da87705ad12	01a696357be32bece197409ce651a9f44f0c85dd07c451627e90012a15fcf8d6
provisioning	882b47e239a31526cd99ab47b26c099e664c44be125f5c7058e71cae37c9e633	659d50091ac59e92e53745e330d344cee370c3f174201ee202f5addb22afd4fd
stress	12dff90de5203ffe1c0c5e702983f4c3e5b82268ea1e894572823ccb785f717b	ac2a68803c0b73e1a58d34193afc2cd3e807bca125c7f423473f69a39b17aa8e
liquidity	f69bb2d62b8c5e870a52d3f7590ebabb03108e498313f80b77cd345742cb5286	8244ac5b62e040ab62b1889cd68079871f48bcd2f5768934626c7081f1725f90
seasonal	bd353d95ff61379f287f025827f5ffb11b31ed05bea3263e53d40e75b097edf5	5472f80fd89962938cb6f70d1070a5894e78c1b4c0fcc0fe9e3f295aaf427f83
vintage	72832588ce595c2dfed17aebf56f9146a77398b8c8b0a6b52d4176ee0243617b	71a2f20463ce0d6dbe238bdfe5e6643668d017e99c50835eabd5c405e7ed6da3
officers	621a54f4adbcb72b64084faabb0c260cca599deefd835c88afbd4a7b4e4e4895	13bca6963733fcfa99a772791534716e9a79f0d585f31ac0cc745c41979c93f9
members	d267ad9ab62574aebe57ae125a1f3b0873bab3b090c8fac88535a0feadec7148	f921b563c4b248575e84d02e3a1c358536e4140dbd76d26203b355e08896a6e4
tier2_overlay	f9b263944a0eab20e1540aece0d064a92bdfb62bc978c7fe98415433fc8a9910	7b02fadb92e95e2132cc7727042a3c21def8039dd9dd0822b5198d63201376db

13 Management review appendix (template, blank)

Template. The Finding column lists the illustrative limit breaches and the Red early warning branches from this pack. Every other cell is blank and is to be completed by management: proposed management action, accountable owner, due date, approval and follow up evidence are human decisions and are not generated.

Nothing in this pack is an NRB finding. Limits are Board appetite placeholders pending calibration; the regulatory monitor holds placeholder rules with no source.

Finding	Proposed management action	Accountable owner	Due date	Approval	Follow up evidence
Board appetite limit breached (illustrative): Collection efficiency 85.7% (trigger 95.0%, limit 92.0%): Escalate to the Board risk committee.
Red early warning level: Sunsari 1 (BR005), 3 rules, 2 high.
Red early warning level: Saptari 1 (BR011), 4 rules, 3 high.
Red early warning level: Siraha 1 (BR012), 5 rules, 4 high.
Red early warning level: Rautahat 1 (BR018), 2 rules, 1 high.
Red early warning level: Rupandehi 1 (BR039), 4 rules, 2 high.
Red early warning level: Kapilvastu 1 (BR041), 3 rules, 3 high.
Red early warning level: Bardiya 1 (BR046), 3 rules, 2 high.
Branch limit breached (illustrative): Branch PAR30 13.0% at Dhankuta 1 (BR008), limit 10.0%.
Branch limit breached (illustrative): Branch PAR30 33.6% at Saptari 1 (BR011), limit 10.0%.
Branch limit breached (illustrative): Branch PAR30 34.8% at Siraha 1 (BR012), limit 10.0%.
Branch limit breached (illustrative): Branch PAR30 26.6% at Rautahat 1 (BR018), limit 10.0%.
Branch limit breached (illustrative): Branch PAR30 11.1% at Kathmandu 1 (BR022), limit 10.0%.
Branch limit breached (illustrative): Branch PAR30 22.4% at Rupandehi 1 (BR039), limit 10.0%.
Branch limit breached (illustrative): Branch PAR30 29.3% at Kapilvastu 1 (BR041), limit 10.0%.
Branch limit breached (illustrative): Branch PAR30 20.5% at Bardiya 1 (BR046), limit 10.0%.
Branch limit breached (illustrative): Branch PAR30 19.6% at Gulmi 1 (BR048), limit 10.0%.
Branch limit breached (illustrative): Branch PAR30 19.1% at Jumla 1 (BR051), limit 10.0%.

Synthetic data. Illustrative thresholds. Page numbers follow the browser. Generated from site/laghubitta_demo.json and site/laghubitta_demo_v2.json by tools/build_laghubitta_board_pack.py · cbsrm 0.9.0 · contract v2 · generated at 2026-09-30T23:59:59+05:45.