Bank Branch Audit Applicability

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Sir
on what basis Bank Branch Statutory Audit is Applicability ??? Is there any limits like loans and advances or deposits limits etc ???
Kindly please answer my query sir

Question Tags: Bank Branch Audit Applicability

1 Answers

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Ravi Staff answered 2 years ago

In PSU banks, they generally prefer separate branch statutory auditor.
in Private banks HO auditor generally conducts branch audits also.
RBI has not mentioned any limit, its banks own decision how to go about it