Dear Team,

As per the findings of the Business team, the Internal Audit (IA) Team conducted the verification in May 2025, and it was observed that a fraud amounting to Rs. 11,240/- has taken place. Specifically, the Loan Officer Kalu Ram JAT-SF0079384 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 2 borrowers, amounting to Rs. 11,240/-, again failed to record these transactions in FIMO.