In what type of bank audit we need to check SLR and CLR.??? Concurrent or statuory ??
What is procedure to check ???
Tanmayee W
(student)
(105 Points)
Replied 16 December 2011
hie..
CRR & SLR maintenance is checked in concurrent audit..it may be verified thru the regulatory returns such as Form X, Special fortnightly returns, form VIII etc which the bank are supposed to file with RBI...
you may get more info on this on the RBI site...& check out the circulars on Returns...
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