Rbi-bank list-fy 2011-12-advance limit above 10 crores

Dear Professional Colleage,

It has come to our knowledgement from reliable sources that ICAI and RBI has agreed to reduced the audit limit for braches of PSUs Bank from Rs.20 Crores t0 Rs. 10 Crores. Meaning thereby, branches having advances upto 10 Crores need not to be get audited.

List of firms would be send soon the all banks for appointments.

Thanks

RS