Failure replay ยท NBFC
Point-in-time replay of Religare Finvest through the LiquiLens lenses, from the published three-market validation record. Each lens reads only what was public before the failure; nothing here is fitted after the fact.
No action-zone entry before failure on this record, shown as a miss.
First funding-fragility signal at period ending 2016-03-31: index 44.3, band watch, flags: -. That is 22 months of lead.
Context for these two lenses (cohort recall, leads, controls and the misses) is on the replay index and the research page.