CARO Applicability- Why and on what basis CARO isnot applicable to banking and insurance co. Where’s applicable to electricity co.

<ul> <li> <blockquote>Why and on what basis CARO isnot applicable to banking and insurance co. Where’s applicable to electricity co.</blockquote> </li> <li>As per clause title deed should be verified for immovable property, why movable property arenot included in the list.</li> </ul>