ICAI Releases Draft Panel for Appointment of Statutory Auditors for State and Central Co-operative Banks for FY 2025-26

Last updated: 05 June 2025


Quick Summary
The Institute of Chartered Accountants of India (ICAI) has published a draft panel for appointing statutory auditors for State and Central Co-operative Banks for the financial year 2025-26. This panel, based on the 2024-25 MEF data and categorised according to RBI guidelines, is now available for review. Stakeholders can submit any observations or complaints through the ICAI MEF complaints portal until June 7, 2025. Following this review period, the finalised panel will be sent to NABARD for approval.

The Institute of Chartered Accountants of India (ICAI), through its Professional Development Committee, has released the Draft Panel for the Appointment and Re-appointment of Statutory Auditors for State Co-operative Banks (StCCBs) and Central Co-operative Banks (CCBs) for the financial year 2025-26
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FAQ :

The Institute of Chartered Accountants of India (ICAI), through its Professional Development Committee, has released the draft panel.

The draft panel covers the appointment and re-appointment of statutory auditors for State Co-operative Banks (StCCBs) and Central Co-operative Banks (CCBs).

The panel is for the financial year 2025-26.

The draft panel can be viewed at meficai.org, and observations or complaints can be submitted via the ICAI MEF complaints portal at https://app.meficai.org/complaints.

The draft panel will be open for comments and queries until June 7, 2025.

After addressing feedback, ICAI will forward the finalised panel to the National Bank for Agriculture and Rural Development (NABARD) for final approval and implementation.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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