"Dear Team,

As per the findings of the Internal Audit (IA) Team, verification conducted by the Audit team in May 2025, it was observed that a fraud amounting to Rs.42,490/- has taken place. Specifically, the Loan Officer, Vikram  Singh/SF0066980, 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 two borrower, amounting to Rs 42,490/-, of which Rs 24,750/- has been recovered and posted in FIMO, and the remaining amount of Rs 17,740/-again failed to record these transactions in FIMO.