table_hader_fix_poc - RBI - Reserve Bank of India
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Sr. No. Description of Regulatory Approval Time required 1. Approval given to banks and Financial Institutions for Statutory Central Auditors and Statutory Branch Auditors i) Public Sector Banks: a) Statutory Central Auditors 15 days b) Statutory Branch Auditors 30 days ii) Private Sector Banks/Foreign Banks: a) Statutory Central Auditors 30 days b) Statutory Branch Auditors 30 days iii) Overseas branches of Indian Banks: Statutory Auditors 30 days iv) Select Financial Institutions: Statutory Auditors 21 days v) Cooperative Banks: Statutory Auditors 31 days
