ICAI Releases Draft Panel for Appointment of Statutory Auditors of Co-operative Banks for FY 2026-27



Quick Summary
The Institute of Chartered Accountants of India (ICAI) has published a 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 2026-27. This draft, released on May 4, 2026, uses the MEF Panel from 2025-26 as its basis and was compiled following regulatory guidelines. Applicants can view their assigned category and raise any observations or complaints until May 8, 2026.

The Institute of Chartered Accountants of India (ICAI), through its Professional Development Committee, has announced the release of the Draft Panel for Appointment/Re-appointment of Statutory Auditors for State Co-operative Banks (StCCBs) and Central Co-operative Banks (CCBs) for the financial year 2026–27.

The draft panel, published on May 4, 2026, has been prepared in accordance with the applicable regulatory guidelines. ICAI has clarified that the MEF Panel for 2025–26 has been considered as the base for compiling the current draft panel.

ICAI Draft Auditor Panel for Co-op Banks FY 2026-27 Released

Official copy of the notification is as follows

Professional Development Committee
The Institute of Chartered Accountants of India
4th May, 2026

DRAFT PANEL FOR APPOINTMENT/ RE-APPOINTMENT OF STATUTORY AUDITORS OF STATE CO-OPERATIVE BANKS (StCCBs) AND CENTRAL CO-OPERATIVE BANKS (CCBs) FOR THE YEAR 2026-27

We are pleased to inform that the Draft Panel for Appointment/Re-appointment of Statutory Auditors of State Co-operative Banks (StCCBs) and Central Co-operative Banks (CCBs) for the year 2026-27 prepared on the basis of applicable guidelines, is hosted at https://meficai.org. Please note that the MEF panel 2025-26 has been taken as the base panel for the preparation of this draft panel.

The applicants would be able to view their Category: A/B/C (as case may be) as per Guidelines on Appointment / Re-appointment of Statutory Auditors of State Co-operative Banks and Central Co-operative Banks dated January 15, 2024.

In case of any observations/ complaints the applicants may raise the query with details here or call on the following numbers:

Ms. Priya Duggal 92055 59866
Mr. Manish Bhardwaj 92055 59865

The Draft Panel will be available upto 8th May, 2026. After suitable addressal of the queries, the final panel will be sent to NABARD for their consideration.

With kind regards,
Professional Development Committee

FAQ :

The ICAI has released a draft panel for the appointment or re-appointment of statutory auditors for State Co-operative Banks (StCCBs) and Central Co-operative Banks (CCBs) for the financial year 2026-27.

The draft panel was released on May 4, 2026.

The MEF Panel for the financial year 2025-26 has been used as the base for compiling the current draft panel.

Applicants can view their category (A/B/C) on the website https://meficai.org.

Applicants can raise queries or complaints until May 8, 2026.

After addressing any queries, the final panel will be sent to NABARD for their consideration.




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