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.24,930/- has taken place. Specifically, the Loan Officer Manoj/SF0091676 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 6 borrowers, amounting to Rs. 22,130/- and again failed to record these transactions in FIMO.