Audit Observation – July 2025 Based on a review conducted by the Audit Team, informed by the Business Team: Loan Officer Ankit (ID: SF0097709) collected EMI payments from borrowers. The collections were not deposited to the branch, resulting in a total fraud amount of ₹7420.00. No amount has been reported as recovered or posted in FIMO. The entire ₹7420.00 remains pending for recovery. Immediate action and follow-up may be required to resolve this discrepancy and initiate recovery procedures.