Allahabad Bank Stock Audit (AP or Telangana)

Source- pdicai.org

EMPANELMENT OF STOCK AUDITORS

Applications are invited from the Firms of Chartered Accountants for the purpose of Stock and Book Debts audit of accounts with various branches of Allahabad Bank in the states of Andhra Pradesh and Telangana. Those firms having branch (es) either in A.P. or in Telangana and are interested to empanel as Stock Auditors with Bank may submit application as per the format attached and the last date for receipt of the application at our office at the above address shall be 06.07.2015.

SBI Concurrent Auditor Empanelment 2015-2016 (LHO Bhubneshwar)

State Bank of India Invites Chartered Accountant firm for Concurrent Audit of LHO Bhubneshwar region for the year 2015-2016. Last date for submission of application is 26th June, 2015. Eligibility condition and overview is given below:

STATE BANK OF INDIA

LOCAL HEAD OFFICE, BHUBANESWAR

SELECTION AND EMPANELMENT OF CHARTERED ACCOUNTANT FIRMS FOR

OUTSOURCING OF CONCURRENT AUDIT

1. State Bank of India: Overview

State Bank India (“SBI” or “Bank”) a body corporate constituted under the State Bank of India Act, 1955 having its Corporate Centre at State Bank Bhavan, Madame Cama Road, Mumbai is the largest commercial bank in India having a nationwide financial network of more than 15000 branches and offices and more than 40,000 ATMs/Internet Banking Kiosks. The Bank has five Associate Banks and many non-banking subsidiaries and Joint Ventures. The Bank also has 189 foreign offices spread over 35 countries covering all time zones of the world. It has its Local Head Office at Bhubaneswar which control 822 branches, 19 BPR Outfits with four Administrative Offices and 21 Regional Business Offices operating throughout the state of Odhisha (at present).

No more than 4 Banks for Concurrent Audit

The council of the Institute of Chartered Accountants of India, has decided to limit the number of Banks a Chartered Accountant can do Concurrent Audit of to 4. The council in its 342nd Council Meeting decided that 

"The Council decided to fix limit on concurrent audit of banks at 4 audits per member per year. Cooperative banks and RRBs were exempted from the limit. The above limit will come into effect from 1.1.2016."