"Dear Team,
As per the findings of the Internal Audit (IA) Team during the verification conducted in May 2025, it was observed that a fraud amounting to Rs. 19,944/- has taken place. Specifically, the Loan Officer, Ajay Singh (SF0093660), 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 Precloser payments from one borrower, amounting to Rs. 19,944/-, and failed to record these transactions in FIMO. Amount of Rs. 3840/- has been recovered and posted in FIMO, and the rest amount of Rs. 16,104/- again failed to record these transactions in FIMO."
