Dear Team,

As per the findings of the Internal Audit (IA) Team during the verification conducted in April 2025, it was observed that a fraud amounting to Rs. 30,775/- has taken place. Specifically, the loan Officer, Sunil Singh (SF0061301), 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 Manager collected EMI payments from eight borrowers, amounting to Rs. 30,775/- and again failed to record these transactions in FIMO.