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 202627. 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 202526 has been considered as
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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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