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Bank Branch Audit 2020 Updates

Posted Date : 19-Mar-2020 , 09:38:13 pm | Posted By CASANSAAR print Print
As per reliable source - RBI has send the panel for Statutory Bank Auditors to Banks.

Following Banks has started sending mails (it can be region wise) as informed by members :-
(www.casansaar.com)
Bank of India.
Bank of Maharashtra.
Andhra Bank.
Allahabad Bank.
Indian Bank.
UCO Bank.
Bank of Baroda.
Corporation Bank
Union Bank of India.
Indian Overseas Bank.

Syndicate Bank. 

Canara Bank.
PNB (Punjab National Bank)
OBC (Oriental Bank of Commerce)
United Bank of India
Central Bank of India.
Punjab &Sind Bank (PSB)
State Bank of India (SBI)

(www.casansaar.com)
Process is almost over. Thank you very much for sharing the information.

Now wait for Update on Allotment of Bank Branches. 


If you have any news related to bank branch audit then can share with CA Sansaar WhatsApp No. 8285393786 and also Subscribe for regular updates by sending Update message on the same no..

Category : Bank Branch Audit | Comments : 96 | Hits : 125512

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CA. Sunil Anwani

09-Mar-2020 , 01:08:09 pm

Any further Updares?

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ca anand jindal

09-Mar-2020 , 02:10:43 pm

Anybody knowing which other banks exactly are using ICAI software for allocation this year apart banks that used it last year. As per earlier inf, all are using but not sure.

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Vipul Patel

09-Mar-2020 , 06:24:13 pm

which bank started sending email..name pls

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vijay

10-Mar-2020 , 04:29:16 pm

Recived from UCO Bank

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vijay

10-Mar-2020 , 04:38:34 pm

Recived from UCO Bank

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Sadique Ali

10-Mar-2020 , 05:04:28 pm

Any fresh appointment call received by any one?

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PANKAJ AGGARWAL

10-Mar-2020 , 08:52:36 pm

Uco Bank from which region

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PANKAJ AGGARWAL

11-Mar-2020 , 12:27:13 pm

ANY NEWS ON BANK AUDIT MAIL FOR APPOINTMENT OF NEW AUDITORS

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KRISHNA MOORTHY S

12-Mar-2020 , 11:41:58 am

Could any body say, how the IDBI Bank Statutory branch auditors would be treated since all the existing auditors got mail from the bank stating that due to take over of the bank by LIC the bank does not come under PSU bank and SBA assignment will not be given.

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CA. Poojala Naresh Kumar

12-Mar-2020 , 02:43:28 pm

As confirmed, with RBI. EX-IDBI Branch Auditors names have been forwarded to all Banks (Non- Counting Auditors). If any bank select you for appointment auditors it will be 2 years only.

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JOY DEEP BOSE

12-Mar-2020 , 05:39:41 pm

My firm has not received bank branch audit for the past 6 years and is awaiting eagerly to get the audit this time. Is there any news regarding Eastern Region banks, issuing appointment letters.

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Gaurav Jain

12-Mar-2020 , 06:24:39 pm

WHAT WOULD BE THE FATE OF IDBI BANK EX AUDITORS, THEY WILL HAVE SOME PREFERANCE OVER OTHERS OR WILL BE TREATED AS NEW FOR SELECTION

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RAJESHWARI.N

13-Mar-2020 , 10:41:44 am

ANYBODY GOT MAIL FROM CENTRAL BANK OF INDIA

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saroj saurabh patwari

13-Mar-2020 , 11:08:01 am

is allotment of all banks audit completed? or there is any chance of getting it

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Vishal Bajoria

13-Mar-2020 , 11:16:53 am

No allotment is pending of some banks. It may be completed by 16th.

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ca anand jindal

13-Mar-2020 , 11:23:08 am

CA Poojala Naresh kumar - i don't feel ex IDBI auditors will be appointed for only 2 years, as no preference is given to them. No guarantee that 542 audit firms of IDBI bank will be empanelled surly in some bank. if you have any documented information, please share that.

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Preeti

13-Mar-2020 , 01:23:34 pm

any update about allotment by Allahabad bank...does any one receive any mail ?please update if received

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JOY DEEP BOSE

13-Mar-2020 , 05:28:41 pm

Is there any information regarding fresh allotment of audit.

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sunil mittal

13-Mar-2020 , 05:41:07 pm

Yes my friend got fresh allotment from Union Bank Of India

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shripal luniya

14-Mar-2020 , 01:37:56 pm

@casansaar What can be the reason behind the stoping appointment process by banks??

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DEEPAK AGARWAL

14-Mar-2020 , 02:22:31 pm

Reason behind this may be corona virus

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JOY DEEP BOSE

14-Mar-2020 , 03:30:50 pm

Is there any notification or messages from banks relating to stopping the appointment process of bank audit.

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CASANSAAR

14-Mar-2020 , 05:24:26 pm

We have just now received the offer letter from IOB for Branch Statutory Audit for 2020.

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PANKAJ AGGARWAL

14-Mar-2020 , 05:33:19 pm

offer from IOB is for new auditor or continuing auditor

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Kailash Chand Agarwal FCA

14-Mar-2020 , 06:17:25 pm

since last many years I have not received any bank audit.What has happened with the selection process?

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rohit kr prasad

14-Mar-2020 , 06:56:39 pm

SBI STARTED OR NOT ????

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auprakash

14-Mar-2020 , 07:39:47 pm

PNB Offer letter for fresh appointment came today

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Karthik & Sunil

14-Mar-2020 , 09:23:38 pm

PNB email to submit irrevocable consent came today evening

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Tarun Kumar Gupta

15-Mar-2020 , 03:34:24 pm

What about Central Bank of India

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sunil mittal

15-Mar-2020 , 04:08:46 pm

Whether anyone received mail from bank today?

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Khushboo Agrawal

15-Mar-2020 , 04:42:29 pm

Today Received mail from bank of maharashtra for continuing auditor

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Pawan Mittal

15-Mar-2020 , 05:59:46 pm

There is some rumour that earlier received mails for fresh auditor are not relevant due to some mistake. Fresh appointment will be done. Is any body have some news?

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CA.VEERENDRA MURASHILLIN

16-Mar-2020 , 11:11:06 am

any news of fresh appointments today.Please share

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Ravikanth

16-Mar-2020 , 12:30:13 pm

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Ravikanth

16-Mar-2020 , 12:30:46 pm

any news from sbi

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PRADEEP KUMAR GUPTA

16-Mar-2020 , 01:08:39 pm

ANY NEWS FROM UNION BANK OF INDIA VARANASHI REGION

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pawan kapoor

16-Mar-2020 , 01:33:17 pm

Any chance for allotment to first time em-panel firm having IV category for FY 19-20

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sunil mittal

16-Mar-2020 , 01:49:58 pm

Yes dear there has chance for allotment to first time empanle firm having IV category...check emails on regular basis...

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sunil mittal

16-Mar-2020 , 01:53:16 pm

Yes dear there has chance for allotment to first time empanle firm having IV category...check emails on regular basis...

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KUMAR AGGARWAL

16-Mar-2020 , 03:35:16 pm

Anyone got mail from Canara Bank??

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CASANSAAR

16-Mar-2020 , 04:08:45 pm

Yes dear there has chance for allotment to first time empanle firm having IV category...check emails on regular basis...

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AVS & Associates

16-Mar-2020 , 09:30:38 pm

Does a firm with Head Office in Noida be elegible for New appointment after completion of 4 year period with previous bank ? does cooling period of 2 years apply to CA firm having Head Office in Noida ?

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Anurag Garg

17-Mar-2020 , 10:16:35 am

Any Update for Allahabad Bank Central Region for continuing auditor? Kindly update the same

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Anand Kumar Jain

17-Mar-2020 , 03:26:29 pm

For how many consecutive year Branch Statutory Audit Allotment made by the Bank

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PANKAJ AGGARWAL

17-Mar-2020 , 03:34:20 pm

4 YRS

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PRADEEP KUMAR GUPTA

17-Mar-2020 , 03:59:12 pm

ANY NEWS FROM UNION BANK OF INDIA

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Deepa

17-Mar-2020 , 08:12:11 pm

Any one got allotment from IOB and Union Bank of India for form located in chennai

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JOY DEEP BOSE

18-Mar-2020 , 11:16:01 am

We have got offer letter from IOB and that our firm is situated in Kolkata.

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JOY DEEP BOSE

18-Mar-2020 , 11:50:22 am

We have got offer letter from IOB and that our firm is situated in Kolkata.

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JOY DEEP BOSE

18-Mar-2020 , 12:04:56 pm

We have got offer letter from IOB and that our firm is situated in Kolkata.

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mani nandwani

18-Mar-2020 , 12:36:15 pm

Any update about allotment from Allahabad Bank?

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mani nandwani

18-Mar-2020 , 12:37:15 pm

Any update about allotment from Allahabad Bank?

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CASANSAAR

18-Mar-2020 , 04:32:17 pm

We have got offer letter from IOB and that our firm is situated in Kolkata.

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DAVINDER SHARMA

18-Mar-2020 , 04:53:46 pm

Any update from SBI

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PANKAJ AGGARWAL

18-Mar-2020 , 08:54:20 pm

As per info received SBI start sending mails for new appointments,as one member confirm about receipt of mail.

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Ish Sanghavi

18-Mar-2020 , 09:02:49 pm

What about mails to existing auditors from SBI. Not received by us yet.

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Vishal Bajoria

18-Mar-2020 , 09:04:42 pm

Existing will not receive..

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PANKAJ AGGARWAL

18-Mar-2020 , 09:06:21 pm

Existing will receive in last week

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RAJESHWARI.N

19-Mar-2020 , 10:08:47 am

Any update from Central Bank Of India

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Vishal Bajoria

19-Mar-2020 , 10:49:06 am

Whether mails related to all regions all sent by SBI?

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CA YASHWANT KUMAR

19-Mar-2020 , 01:30:19 pm

Existing will not received letter firm name YASHWANT & ASSOCIATES M.NO. 524294 UCIN 1003246

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ca anand jindal

19-Mar-2020 , 05:26:50 pm

Sir, bank allotment Process is almost over except reallocating rejections, So, please atleast now change your words... THE PROCESS IS JUST STARTED

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CA Sanjay Patel

19-Mar-2020 , 05:47:25 pm

Any news form UBI Union Bank of India Gujrat

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sandeep kajukar

19-Mar-2020 , 06:14:51 pm

Still any hopes in Karnataka...?

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sandeep kajukar

19-Mar-2020 , 06:15:07 pm

Still any hopes in Karnataka...?

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arun wahi

20-Mar-2020 , 11:34:06 am

Still any hope for Pujab as we have not received mail yet .

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MANISH AGARWAL

20-Mar-2020 , 11:58:08 am

is the allotment process completed in this siliguri (West Bengal) region?

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Anand Kumar Jain

20-Mar-2020 , 12:14:29 pm

Any Update on SBI Branch Audit Allotment

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vineet awasthi

20-Mar-2020 , 03:15:53 pm

Any Update on PNB Branch Audit Allotment

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C VENKATESHWARA RAO

20-Mar-2020 , 03:50:26 pm

We are Audit firm from Hyderabad. It is mentioned that Process is almost over, so far we have not yet received any kind of letter. We have completed cooling period and ready for new allotment. What is the status

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PANKAJ AGGARWAL

20-Mar-2020 , 04:09:07 pm

PNB ALLOTMENT PROCESS IS OVER

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PANKAJ AGGARWAL

20-Mar-2020 , 04:11:03 pm

In my view and info received,new auditor selection process is over.

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PANKAJ AGGARWAL

20-Mar-2020 , 04:15:51 pm

In my view and info received,new auditor selection process is over.

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auprakash

20-Mar-2020 , 08:13:28 pm

Once the acceptance is taken from the CAs, the list has to be sent to RBI for approval, only after getting the approval the branches will be allotted, it may typically take a week or so, expect the allotment by 25-26th

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Ish Sanghavi

20-Mar-2020 , 11:03:00 pm

Any update from SBI for allotment mails in case of existing auditors. This is 2nd year of audit for our firm.

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DEEPAK AGARWAL

21-Mar-2020 , 11:50:22 am

Allotment is pending of PNB in case of new offer letters

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rajesh shah

21-Mar-2020 , 01:58:02 pm

we have just completed Cooling Period . Experiance 22 years and category II. What is the chances for selection or offer from bank???

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PANKAJ AGGARWAL

21-Mar-2020 , 02:20:40 pm

DEEPAK JI PNB ALREADY SEND OFFER LETTERS FOR NEW APPOINTMENTS.

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JOY DEEP BOSE

21-Mar-2020 , 04:21:19 pm

We have received the Offer Letter from IOB on 14-03-2020, but till today we have not received the appointment letter. Can any body confirm whether they have received appointment letter from IOB?

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auprakash

21-Mar-2020 , 07:26:49 pm

I presume there will be a change in the audit schedule because of virus issue. Banks may ask us to conduct audit after the situation gets better. however looking at the present situation it is very difficult to gauge when the situation will improve.

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NEERAJ KUMAR

21-Mar-2020 , 07:35:30 pm

Pankaj ji/ Respected all, PNB sent us mail for accept and we accept. but till now no any appointment letter (PNB brachs) received. or after RBI approval the Accept CA List, PNB will send? Thanks

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PANKAJ AGGARWAL

21-Mar-2020 , 07:47:56 pm

Sir my firm also new this year for PNB audit,in my view firstly list will send to RBI for approval,thereafter appointment letters will be issued to the firm's approved by RBI.

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CA.Kuldeep Kothari

22-Mar-2020 , 01:27:00 am

Is there any possibility of still getting fresh allotment ...I mean like in rejection and other circumstances??

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CASANSAAR

22-Mar-2020 , 02:24:00 am

Is there any possibility of still getting fresh allotment ...I mean like in rejection and other circumstances??

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CASANSAAR

22-Mar-2020 , 02:24:20 am

Is there any possibility of still getting fresh allotment ...I mean like in rejection and other circumstances??

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CASANSAAR

22-Mar-2020 , 09:59:41 am

Is there any possibility of still getting fresh allotment ...I mean like in rejection and other circumstances??

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C VENKATESHWARA RAO

22-Mar-2020 , 11:14:31 am

sir any updates on other bank letters, when i asked syndicate bank Hyd zonal office, they informed that so far no letters were forwarded to any body due to the bank strikes and other reasons. Is that correct?

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ANISH GUPTA

23-Mar-2020 , 03:06:36 pm

Dear CA Sansaar Team Can you please elaborate in such a situation of complete lockdown & banks have probably stopped allotting branches as of now. What is the situation will be in the current scenario. Is the ICAI committee corresponding with the RBI/IBA to further extend the bank audit exercise after 20th April ???

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prashant kumar

23-Mar-2020 , 04:57:25 pm

I RECEIVED CALL FROM BOB AND THEY GOT MY CONSENT ON PHONE. AFTER A DAY WHEN I ASKED ABOUT MAIL FOR CONFIRMATION OF APPOINTMENT THEY DENIED THE APPOINTMENT . HOW IRRESPONSIBLE THEY ARE

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Vinay chopda

24-Mar-2020 , 01:15:55 pm

Has anyone received a letter of allotment of branches from bank.? Further considering the current situation is there news on Bank Branch Audit date extension.

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PANKAJ AGGARWAL

24-Mar-2020 , 03:26:39 pm

I think audit not possible in April,canbe go beyond may in current seniario.As on today no news on branch allotment.

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PANKAJ AGGARWAL

26-Mar-2020 , 12:43:27 pm

ANY UPDATE ON BANK BRANCH ALLOTMENT FOR STATUTORY AUDIT.

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Sandeep Srivastava

26-Mar-2020 , 12:58:33 pm

Is any possibility to receive statutory bank audit now for new audit firm category III, is the allotment is stoped dure to corona or allotment is finished for new firm?

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PANKAJ AGGARWAL

26-Mar-2020 , 01:05:04 pm

IN MY INFORMATION ALL BANKS ALREADY SEND THE LIST OF AUDITORS TO RBI ON 20TH, FOR APPROVAL,AFTER RECEIVING THE PANEL,BRANCH ALLOTMENT WORK WILL START.

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Pramod Prabhu

27-Mar-2020 , 12:56:53 am

Bank audit process is in halt due to corona as per information. It is not over in many regions. It is common sense that no confirmation can be final amidst corona scare. Auditor who confirmed may well be not able to do the audit after a month. Audits can be practically expected in May or June. So final allotments are pending including new appointments.

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Mahesh Kumar

30-Mar-2020 , 02:34:00 pm

ICAI President said that bank branch audit date extended to 30th June 2020, earlier it was 20th April 2020.

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