A letter was sent to Shri Ajay Kumar Choudhary, Chief General Manager, Reserve Bank of India on various important aspects of Banks Audits such as SBAs norms, SCAs norms, Audit Fees, Concurrent Audit.

A letter was sent to Shri Mahesh Kumar Jain, Deputy Governor, Reserve Bank of India requesting for revision of the audit fee for Statutory Central and Branch Auditors.

Considering the difficulties faced by Chartered Accountant firms/LLPs in submitting the online empanelment for audit of PSUs for the year 2021-22, the office of C&AG at the request of ICAI has extended the last date for submission of online application from 15th February, 2021 to 1st March, 2021 as a onetime relief. Further, the last date for submission of hard copy of the documents at O/o C&AG also stand extended from 26th February, 2021 to 8th March, 2021. Interested members may avail the online application at the following

URL: http://care.cag.gov.in/Authorised/Default.aspx
For any query/issue, please contact O/o C&AG at sao2ca5@cag.gov.in, 011-23509223, 011-23509269, 011-23509240 and PDC Secretariat, ICAI at pdc@icai.in or at 011-30110444/30110440.

Professional Development Committee

Members are hereby informed that Final Bank Branch Auditors’ Panel of Chartered Accountants / firms for the year 2020-21 has been hosted at www.meficai.org till 8th February, 2021 thereafter the same will be sent to RBI. The Panel contains the following:

1. MEF No.
2. FRN No./MRN No.
3. Concern Name
4. Unique Code No.
5. District
6. Sate
7. Category

This is for your kind information please.

PDC Secretariat