Dear Team, As per the findings of the Business Team during the verification conducted in May 2025, it was observed that a fraud amounting to Rs. 88409/- has taken place. Specifically, the Loan Officer 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 twenty-two borrowers, amounting to Rs 88,409/-, of which Rs 32,160/- has been recovered and posted in FIMO, and the remaining amount of Rs 59,249/-again failed to record these transactions in FIMO.

Fraud Investigation Files: