List of various firms to be allotted statutory branch auditors by banks has been forwarded to banks by RBI yesterday with threshold limit as 20 crores. Number of branch audits to come down drastically.
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Hi I am A Gupta.My firm is in Category II.As far as category I & II are concerned, they will be allotted bank audit for sure, bat as far as category III & IV are concerned, it is doubtful.I request all those firms falling in category I & II to whom 3 branches are allotted to forgo 1 branch for the benefit of all our colleagues falling in Category III & IV.
ReplyDeleteNo Category I and II must forgo all three branches not for category III and IV but for profession. because if nobody accepts bank audit that RBI can think again.
ReplyDeleteAll CAs should unite to bent down RBI once again.
ReplyDeletePRESIDENT INSTITUTE OR HUM III & IV CATEGORY KO LUT GAYA
ReplyDeleteI FULLY AGREE WITH IT
ReplyDelete