CA NeWs Beta*: Guidelines on RBI Empanelment

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Wednesday, October 19, 2011

Guidelines on RBI Empanelment

Dear Professional Colleagues,

Subject: Guidelines on RBI Empanelment

The Committee for Capacity Building of CA Firms and Small & Medium Practitioners endeavour is to make CA Firms larger & compete with the best in the world. The Committee has initiated a proposal to aware the SMPs about the Guidelines on RBI Empanelment. The Guidelines is about the appointment of Statutory Central Auditors, Statutory Branch Auditors in PSBs, General Norms applicable both for SBAs and SCAs, Norms of empanelment etc.

The Committee for Capacity Building of CA Firms and Small & Medium Practitioners of ICAI as a part of its commitment to strengthen the Small & Medium Practitioners has initiated the aforesaid endeavour with a purpose to aware the Small & Medium Practitioners, as most of the SMPs are not aware about procedure of the appointment of Statutory Central Auditors, Statutory Branch Auditors in PSBs.

I feel great pleasure to inform you that Committee for Capacity Building of CA Firms and Small & Medium Practitioners has uploaded the guidelines on RBI empanelment in the Committee’s Exclusive website of www.icai.org.in for the awareness of SMPs. The Details about the Guidelines on Empanelment of CA Profession in Reserve Bank of India is available athttp://icai.org.in/PECAFSAPSUs.pdf. This endeavour of the Committee is focus on the enhancement of the Practice portfolio of SMPs specifically from remote & mofussil areas.

The Committee will keep you update on all major events and initiatives taken for CA members and firms.


With Best Regards


CA. Vijay Kumar Garg
Chairman- Committee for Capacity Building of CA firms and Small & Medium Practitioners, ICAI
E-mail: chairman.ccbcaf@icai.org

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