The Institute of Chartered Accountants of India, through its Professional Development Committee, has released the draft panel for appointment or re-appointment of statutory auditors for State Co-operative Banks (StCCBs) and Central Co-operative Banks (CCBs) for the year 2026–27. The panel has been prepared based on applicable guidelines, using the MEF panel 2025–26 as the base. Applicants can access their assigned categories (A/B/C) as per the guidelines dated January 15, 2024, through the official portal. The Institute has provided a mechanism for applicants to submit observations or complaints online or through designated contact numbers. The draft panel will remain available until May 8, 2026, after which queries will be addressed. Subsequently, the finalized panel will be forwarded to National Bank for Agriculture and Rural Development for consideration.
Institute of Chartered Accountants of India
Professional Development Committee
The Institute of Chartered Accountants of India
4th May, 2026
DRAFT PANEL FOR APPOINTMENT/ RE-APPOINTMENT OF STATUTORY AUDITORS OF STATE CO-OPERATIVE BANKS (StCCBs) AND CENTRAL CO-OPERATIVE BANKS (CCBs) FOR THE YEAR 2026-27
We are pleased to inform that the Draft Panel for Appointment/Re-appointment of Statutory Auditors of State Co-operative Banks (StCCBs) and Central Co-operative Banks (CCBs) for the year 2026-27 prepared on the basis of applicable guidelines, is hosted at http://meficai.org. Please note that the MEF panel 2025-26 has been taken as the base panel for preparation of this draft panel.
The applicants would be able to view their Category: A/B/C (as case may be) as per Guidelines on Appointment / Re-appointment of Statutory Auditors of State Co-operative Banks and Central Co-operative Banks dated January 15, 2024.
In case of any observations/ complaints the applicants may raise the query with details at https://app.meficai.org/complaints or call on the following numbers:
| Ms. Priya Duggal | 92055 59866 |
| Mr. Manish Bhardwaj | 92055 59865 |
The Draft Panel will be available upto 8th May, 2026. After suitable addressal of the queries, the final panel will be sent to NABARD for their consideration.
With kind regards,
Professional Development Committee
Frequently Asked Questions (FAQs)
Q.1. What has ICAI announced regarding the statutory auditor panel for co-operative banks?
Ans. The Institute of Chartered Accountants of India (ICAI), through its Professional Development Committee, has released the draft panel for the appointment or re-appointment of statutory auditors for State Co-operative Banks (StCCBs) and Central Co-operative Banks (CCBs) for the year 2026–27.
Q.2. On what basis has the draft auditor panel been prepared?
Ans. The draft panel has been prepared in accordance with the applicable guidelines by taking the MEF Panel 2025–26 as the base panel. Applicants have been assigned Categories A, B, or C as per the Guidelines dated 15 January 2024.
Q.3. How can applicants raise objections or complaints regarding the draft panel?
Ans. Applicants may submit their observations or complaints through the designated online complaint portal or contact the ICAI officials on the specified telephone numbers provided in the announcement before the prescribed deadline.
Q.4. Until when will the ICAI draft panel remain available for review?
Ans. The draft panel will remain available for review up to 8 May 2026. During this period, applicants can verify their category and submit any observations or complaints for consideration.
Q.5. What happens after ICAI disposes of the queries on the draft panel?
Ans. After addressing the observations and complaints received from applicants, ICAI will finalize the panel and forward it to the National Bank for Agriculture and Rural Development (NABARD) for its consideration regarding the appointment or re-appointment of statutory auditors for State Co-operative Banks and Central Co-operative Banks.
