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Review of Guidelines - Withdrawal of Circulars

RBI/2023-24/129

DoS. CO.ARG/SEC.11/08.91.001/2023-24

March 01, 2024

The Chairman / Managing Director / Chief Executive Officer,

All Commercial Banks (Excluding RRBs)

All Primary (Urban) Co-operative Banks (UCBs)

Madam / Dear Sir,

Review of Guidelines - Withdrawal of Circulars

Consequent upon review of Circulars issued by the Reserve Bank from time to time, it has been decided to withdraw Circulars listed in the Annex with immediate effect.

Yours faithfully,

(Rajnish Kumar)

Chief General Manager

Encl: As above

  Annex

List of Circulars withdrawn

Sl. No.

Subject

Date

Circular No.

Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Section 31 - Submission of Balance Sheet, Profit & Loss Account and Auditor's Report

April 19, 1966

ACD.BR.825/A.11(31)/65/6

The Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Section 31 - Submission of Balance Sheet, Profit and Loss Account and Auditor's Report

May 8, 1967

ACD.BR.1979/A.12(29-31)/66-7

Appointment of Statutory Central Auditors for the Year 1970

June 29, 1970

DBOD.No.EFS.1429/C.452(K)-70

Appointment of Statutory Central Auditors for the Year 1970

July 1, 1970

DBOD.No.EFS.1451/C.452(K)-70

Appointment of Branch Auditors for Indian Branches for the Year 1970

September 19, 1970

DBOD.No.EFS.2065/C.452(K)-70

Nationalised Banks - Remuneration of Statutory Central Auditors and Branch Auditors for Audit of Indian Branches for 1970

April 26, 1971

DBOD.No.ARS.367/C.452(K)-71

Appointment of Branch Auditors for Indian Branches for the Year 1971

December 15, 1971

DBOD.No.ARS.1132/C.452(K)-71

Nationalised Banks - Remuneration of Statutory Central Auditors and Branch Auditors for Audit of Branches for 1971

January 7, 1972

DBOD.No.ARS.18/C.452 (K)-72

Appointment of Central Statutory Auditors for the year 1972

June 13, 1972

DBOD.No.ARS.533/C.452(K)-72

(i) Discontinuance of Half-Yearly Audit
(ii) Selection of Branches for Annual Audit

May 14, 1973

DBOD.No.ARS.421/C.452(K)-73

Standards for Audit Classification of Primary (Urban) Co-operative Banks

February 25, 1982

ACD.UBD.120/UB-8(3)-81/82

Discontinuance of Half-yearly Audit

April 29, 1982

DBOD.No.Ret.BC.45/C.469(F)-82

Remuneration Payable to Statutory Central and Branch Auditors of Nationalised Banks

December 14, 1984

DBOD.No.App.BC.123/C.452(K)-84

Fees Payable for Submitting Long Form Audit Reports (LFARs) by Statutory Central/Branch Auditors of Public Sector Banks

June 26, 1986

DBOD.No.App.1275/C.452(K)-86

Role of State Co-operative Banks in the Development of Urban Co-operative Banks and Entrusting the Audit of Urban Co-operative Banks to Chartered Accountants

July 30, 1988

UBD.P&O.82/UB.23-88/ 89

Remuneration Payable to Statutory Central and Branch Auditors of Nationalised Banks

March 21, 1989

DBOD.No.App.BC.93/C.452(K)-89

DICGC Claims - Certificate to be issued by Statutory Auditors

April 17, 1995

DOS.No.BC.4/16.10.001/95

Remuneration Payable to Statutory Central Auditors and Branch Auditors for the year 1997-98

January 17, 1998

DBS.No.330/08.92.001/ 97-98

Year 2000 (Y2K) Issues - Statutory Audit for the Year 1998-99

May 25, 1998

DBS.No.Y2K.BC/52/35.01.00/98-99

Appointment of Statutory Central Auditors for the year 1998-99

January 19, 1999

DBS.ARS.No.383/08.03.003/98-99

Year 2000 (Y2K) Issues - Statutory Audit for the Year 1998-99

May 25, 1999

DBS.CO.Y2K.BC.52/35.01.00/98-99

DICGC Claims - Certificate to be Issued by Statutory Auditors

May 25, 1999

DBS.ARS.No.790/08:91:001/98-99

Assessment of Auditors' Performance for 1998-99

June 11, 1999

DBS.ARS.No.850/08:91:011/98-99

Introduction of Half-yearly Review of Accounts of Public Sector Banks

May 17, 2001

DBS.ARS.No.BC.13/08.91.001/2000-01

Introduction of Half-yearly Review of Accounts of Public Sector Banks

October 25, 2001

DBS.ARS.No.BC.4/08.91.001/2001-02

Introduction of Half Yearly Review of Accounts of Public Sector Banks

November 5, 2001

DBS.ARS.No.BC.6/08.91.001/2001-02

Inspection under Section 35 of the Banking Regulation Act, 1949 (As Applicable to Co-op. Societies) - Comment on Quality of Audit

January 25, 2003

UBD.No.BSD.IP.RO.13/12.05.01/2002-03

Half yearly / Quarterly Review of Accounts of Public Sector Banks

June 5, 2003

DBS.ARS.No.BC.17/08.91.001/2002-03

Guidelines for Consolidated Accounting and other Quantitative Methods to Facilitate Consolidated Supervision - Audit of Consolidated Financial Statements

July 8, 2003

DBS.ARS.No.BC.2/08.92.001/2002-03

Assessment of Auditors' Performance for 2002-03

August 20, 2003

DBS.ARS.No.122/08.91.011/2003-04

Appointment of Statutory Central Auditors of Associate Banks of SBI - Payment of Fees for Certifying Data for the Preparation of CFS of SBI Group

April 20, 2004

DBS.ARS.No.BC.10/08.92.001/2003-04

Terms and Conditions of Appointment of Statutory/ Concurrent/ Internal Auditors - Implementation of the Recommendations of the Committee on Legal Aspects of Bank Frauds and the Recommendations of the High Level Group Set up by the Central Vigilance Commission (CVC)

August 27, 2004

DBS.ARS.No.BC.4/08.91.001/2004-05

Half yearly / Quarterly Review of Accounts of Public Sector Banks

September 23, 2015

DBS.ARS.No.BC.5/08.91.001/2015-16

Half yearly / Quarterly Review of Accounts of Public Sector Banks

July 28, 2016

DBS.ARS.No.BC.2/08.91.001/2016-17

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