Group to examine the circular dated 12th August, 2011 of Reserve Bank of India regarding eligibility for statutory audit of private/foreign banks vis-à-vis public sector banks simultaneously and suggest the way forward for taking up the matter with the concerned authorities.-(18-05-2012)

Council Affairs/M-626/2012 17th May, 2012

ALL MEMBERS OF THE COUNCIL

Madam/Dear Sir,

The President, in terms of the authority given to him by the Council at its 314th meeting held from 10th to 12th February, 2012, has constituted a Group to examine the circular dated 12th August, 2011 of Reserve Bank of India regarding eligibility for statutory audit of private/foreign banks vis-à-vis public sector banks simultaneously and suggest the way forward for taking up the matter with the concerned authorities, comprising of the following members:-

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CA. Charanjot Singh Nanda, Chairman, Professional Development Committee, Convenor

CA. Manoj Fadnis, Member

CA. Nilesh S. Vikamsey, Member

CA. Pankaj Jain, Member

CA. Namrata Khandelwal, Secretary, PDC would act as Secretary to the above Group.

The President has decided that the Group should submit its recommendations at the earliest.

Yours faithfully,

( T. Karthikeyan )

Secretary

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