Madam/Dear Sir,

The President, in terms of the authority given to him by the Council at its 363rd meeting held on 12th February, 2017, has constituted a Group related to all issues of Bank Audit including reduction in Statutory Central Auditors (SCAs), cooling period, distribution of bank branch audit as well as previous report of CA. Tarun J. Ghia on “Equitable Audit allotments and mechanism to Control Tendering System”, with the following composition:-

• CA. Prakash Sharma, Convenor
• CA. Tarun J. Ghia
• CA. G. Sekar
• CA. Prafulla P. Chhajed

Ms. Seema Gerotra, Joint Director & Secretary, Professional Development Committee will act as Secretary to the said Group.