Dear Team
As per the information from the Business Team, the internal audit team conducted the verification in April 2025, it was observed that a fraud amounting to Rs. 22,020/- has taken place. Specifically, the Loan officer, Rajendra Singh Chandraw/SF0077093, collected amounts from borrowers but failed to perform the following actions:

The collected amount was not posted in FIMO.

The collected amount was not deposited in the branch.

Additionally, it was observed that the Loan officer collected EMI payments from one borrower, amounting to Rs. 22020/-, which have amount of Rs.14,140 has been recovered and posted in FIMO and the rest amount of Rs.7880 again failed to record these transactions in FIMO.
 
Note: - Due to a technical issue in the DAPS application, the case has been erroneously booked under the Bhinder (RJ2922) branch. Upon review, it has been confirmed that the case actually pertains to the Pratapgarh (RJ) (RJ2535) branch. 