RBI List of Branch Auditors of PSU Banks 2018-19
RBI has published the Consolidated list of Statutory Bank Branch Auditors for 2018-19, as appointed by respective PSU Banks based on ‘ICAI recommended / RBI approved Branch Auditors panel’ for 2018-19, i.e. RBI has published the Bank-wise list of allocation of branches to the auditors/ audit firms for Branch Statutory Audit 2018-19, along with respective UCN/ Category.
Information relating to names of Auditors/ Audit Firms of the Public Sector Banks/ Branches is compiled and hosted on RBI website on yearly basis, based on the information provided by the banks, after completion of the process of appointment of Central/ Branch Auditors.
During the year 2018-19, all the 21 PSBs have exercised managerial autonomy in regard to selection and appointment of SBAs. The names of audit firms recommended by these 21 banks and approved by RBI are displayed on RBI website. While approving names of audit firms, banks were advised not to allot more than three branches per audit firm and that they should allot branches, to the extent possible, to the audit firms taking into consideration their category and audit experience in such a way that bigger branches are audited by larger/ experienced audit firms.