As per latest updates; the RBI has not yet made any formal communication in relation to bank branch audit allotment.
Further, the finance ministry has not taken any decision or given any formal response in this regard.
If RBI does not make any announcement by 15th March, the bank would do the allotment as per the OLD Policy i.e. above Rs.3 cr all branches and below Rs.3 cr 1/5 of the branches.
Regards,
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CA.C.V.PAWAR
0253-2319641. M-9423961209
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CA.C.V.PAWAR
0253-2319641. M-9423961209
Finance ministry will make final communication to RBI after budget probably on 19th March regarding its final decision on bank audit.
ReplyDeleteif the decision comes after 19th march then when the banks will do the allotment???
ReplyDeleteTHE BANK WILL ENJOY AND P.C ALSO ENJOY
ReplyDelete