Page 126 - Quick Insights Book 2022

Ann. 2.1 – Policy of Empanelment of CA Firms/LLPs and Selection of Auditors

Sl. No. Circular/Instruction No. Date Subject
5 DOS.No.BC.9/08.91.001/94 August 17, 1994 Section 30(1A) of The Banking Regulation Act, 1949
- Appointment of Statutory Auditors

6 DOS.No.BC.10/08.91.002/94 August 17, 1994 Section 30(1A) of The Banking Regulation Act, 1949
- Appointment of Statutory Auditors
7 DBS.No.ARS.BC.8/08.91.001/2000-2001 January 30, 2001 Appointment of Statutory Central Auditors for Indian
Private Sector Banks
8 DBS.No.ARS.BC.12/08.91.001/2000- May 8, 2001 Appointment of Statutory Central Auditors for Indian
2001 Private Sector Banks

9 DBS.ARS.No.BC.08/08:91:001/2003-04 March 26, 2004 Assessment of Performance of Statutory Auditors
10 DBS.ARS.No.B.C.15/08.91.001/2004-05 January 6, 2005 Appointment of Statutory Auditors - Obtention of
Declaration of Indebtedness

11 DBS.ARS.No.BC.7/08.91.001/2006-07 April 24, 2007 Special Assignments other than Statutory Audit to
Audit Firms by Banks
12 DBS.ARS.No.BC.02/08.91.001/2008-09 December 31, 2008 Internal Assignments in Banks by Statutory Auditors

13 DBS.ARS.BC No.02/08:91:001/2014-15 September 11, Appointment of Auditors
2014
14 DBS.ARS.BC No.03/08.91.001/2014-15 September 11, Appointment of Auditors
2014
15 DBS.ARS.BC.04/08.91.001/2017-18 July 27, 2017 Appointment of Statutory Central Auditors (SCAs) -
Modification of Rest Period
16 Not Applicable Not Applicable Norms on eligibility, empanelment and selection of
Statutory Central Auditors in Public Sector Banks from
the year 2018-19 and onwards

Quick Insights on Professional Opportunities for Chartered Accountants 113