Dear Team,

As per the findings of the business team, the Internal Audit (IA) Team conducted the verification in Jun 2025, it was observed that a fraud amounting to Rs: 4,480/- has taken place. Specifically, the Bhanupratap  Singh Panwar/Cluster Manager/SF0050889 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 Cluster Manager collected EMI payments from 01 borrowers, amounting to Rs: 4,480/-, and again failed to record these transactions in FIMO.