Dear Team,

As per the findings of the Business team, the Internal Audit (IA) Team conducted the verification in April 2025, and it was observed that a fraud amounting to Rs. 32,490/- has taken place. Specifically, the Branch Quality Manager(SF0091451) 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 Branch Quality Manager collected EMI payments from 09 borrowers, amounting to Rs. 32,490/-, of which an amount of Rs.26,730/- has been recovered and posted in FIMO and the rest amount of Rs.5,760/- 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 Borawar (RJ3592) branch. Upon review, it has been confirmed that the case actually pertains to the Sanchor (RJ3601) branch.