RBI Empaneled Services

Expert Advisory & Audit Support to Navigate RBI Regulatory Frameworks with Confidence and Precision. RBI Guideline Compliance – Ensuring Adherence to Regulatory Norms & Prudential Standards Co-operative Institutions, and other financial entities to ensure financial stability, governance integrity, and risk management. Compliance with RBI guidelines is not just a statutory requirement but a crucial element for maintaining the trust of stakeholders and mitigating regulatory risks. We provide end-to-end RBI Guideline Compliance Services for Banks, NBFCs, Co-operative Societies, and Financial Institutions. Our expertise spans across compliance audits, regulatory filings, gap assessments, risk-based supervision readiness, and advisory on aligning internal processes with RBI’s evolving directives. Comprehensive Compliance Audits Aligned with RBI Master Directions Review of Asset Classification, Provisioning Norms & CRAR Requirements KYC/AML Compliance Checks & Internal Control Evaluations Regulatory Filings Review – Statutory Returns, Regulatory Reports & Disclosures RBI Inspection Preparedness & Support in Handling Observations Gap Assessment & Advisory on Enhancing Compliance Frameworks Ongoing Monitoring & Compliance Health Checks Our services include compliance reviews covering asset classification, provisioning norms, capital adequacy (CRAR), risk management policies, KYC/AML adherence, statutory returns accuracy, governance structures, and adherence to RBI Master Directions. We also assist in RBI inspection preparedness, handling inspection observations, and ensuring timely rectification of compliance gaps. With a proactive approach, we help financial institutions establish robust compliance frameworks, conduct periodic reviews, and adopt best practices in regulatory reporting and internal governance. Our in-depth understanding of RBI circulars, notifications, and supervisory frameworks ensures that clients remain compliant, audit-ready, and risk-resilient. FAQ Frequently Asked Questions (FAQs) Why is RBI Guideline Compliance important for Banks and NBFCs? Adherence to RBI guidelines ensures financial discipline, mitigates regulatory risks, protects stakeholders’ interests, and is essential for the continued operation and reputation of financial institutions. What are the common areas covered under RBI Compliance Audits? Key areas include asset classification and provisioning, capital adequacy, risk management policies, regulatory reporting accuracy, KYC/AML compliance, and governance practices. Do you assist in preparing for RBI inspections? Yes, we provide comprehensive support in inspection readiness, documentation reviews, compliance audits, and assist in drafting replies to RBI inspection observations. Can you conduct gap assessments of existing compliance frameworks? Absolutely. We conduct thorough gap assessments to identify compliance weaknesses and recommend corrective actions to align with RBI’s current directives and best practices. RBI Empaneled Services Bank Branch Audits (Statutory/Concurrent) Credit/Stock Audits NBFC Audits RBI Guideline Compliance CA. Dhiraj Jain FCA, DISA Let’s Talk Reach out to our team  we’re here to assist you with audit, tax, and advisory solutions. Contact Now Explore More Services Audit & Assurance Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more Income Tax Comprehensive tax planning, filing, and representation for individuals and businesses. Read more GST Specialized GST compliance, advisory, and litigation support tailored to your needs. Read more Project Finance Financial structuring, viability analysis, and advisory for infrastructure and capital projects. Read more RBI Empaneled Services Trusted statutory auditors for RBI-regulated entities, ensuring compliance and risk control. Read more Corporate Compliance with MCA Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more IPO Management Services Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more

Ensuring Regulatory Compliance, Financial Accuracy & Risk Management for NBFCs through Structured Audit Services. NBFC Audits – Statutory, Compliance & Risk Audits for Non-Banking Financial Companies (NBFCs) Non-Banking Financial Companies (NBFCs) play a critical role in India’s financial sector by extending credit facilities, leasing, investment services, and financial inclusion initiatives. Given their extensive public dealings and regulatory oversight, NBFCs are subject to rigorous statutory audits, RBI compliance audits, and risk assessment reviews to ensure sound financial health and operational integrity. We offer comprehensive NBFC Audit Services, including statutory audits, internal audits, RBI compliance audits, and risk-based assessments for deposit-taking and non-deposit-taking NBFCs. We ensure that your NBFC adheres to all regulatory mandates, financial reporting standards, and internal governance frameworks. Statutory Financial Audit of NBFCs as per Companies Act & RBI Guidelines Compliance Audits Focused on RBI Master Directions & Regulatory Reporting Verification of Asset Classification, Provisioning & NPA Management KYC/AML Compliance Checks & Internal Control Evaluations Risk Assessment Audits Covering Credit, Operational & Liquidity Risks Advisory on Rectifying RBI Observations & Enhancing Governance Frameworks Support in RBI Inspection Preparedness & Post-Inspection Compliance Our audit scope covers verification of financial statements, asset classification (Standard, Sub-standard, Doubtful), provisioning adequacy, fund utilization checks, compliance with RBI Master Directions, KYC/AML adherence, risk management systems, and internal controls evaluation. We also assist in rectifying regulatory observations and enhancing compliance processes. Beyond audit reporting, we provide advisory on risk mitigation strategies, policy framework strengthening, financial process improvements, and RBI inspection preparedness. Our structured audit approach ensures that your NBFC maintains transparency, manages risks effectively, and remains compliant with evolving regulatory expectations. FAQ Frequently Asked Questions (FAQs) Are statutory audits mandatory for all NBFCs? Yes, all NBFCs are required to undergo statutory audits under the Companies Act, along with compliance audits in line with RBI’s Master Directions and circulars. What are the key focus areas in NBFC audits? Key areas include financial statement accuracy, asset classification, provisioning norms, compliance with RBI guidelines, risk management practices, KYC/AML adherence, and governance frameworks. Do you assist in conducting audits for both deposit-taking and non-deposit NBFCs? Absolutely. We conduct audits for all categories of NBFCs, including NBFC-D (Deposit-taking), NBFC-ND (Non-deposit taking), and specialized NBFCs like NBFC-Factors, NBFC-MFIs, etc. How do you assist in handling RBI Inspection observations? We assist in drafting replies to RBI inspection observations, preparing compliance reports, and advising on implementing corrective actions to ensure ongoing regulatory compliance. RBI Empaneled Services Bank Branch Audits (Statutory/Concurrent) Credit/Stock Audits NBFC Audits RBI Guideline Compliance CA. Dhiraj Jain FCA, DISA Let’s Talk Reach out to our team  we’re here to assist you with audit, tax, and advisory solutions. Contact Now Explore More Services Audit & Assurance Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more Income Tax Comprehensive tax planning, filing, and representation for individuals and businesses. Read more GST Specialized GST compliance, advisory, and litigation support tailored to your needs. Read more Project Finance Financial structuring, viability analysis, and advisory for infrastructure and capital projects. Read more RBI Empaneled Services Trusted statutory auditors for RBI-regulated entities, ensuring compliance and risk control. Read more Corporate Compliance with MCA Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more IPO Management Services Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more

Independent Credit & Stock Audits to Safeguard Lenders’ Interests and Strengthen Borrower Compliance. Credit & Stock Audits – Ensuring Asset Verification & Credit Monitoring for Lenders & Businesses Credit and Stock Audits are essential control mechanisms used by banks and financial institutions to verify the end-use of funds, assess asset quality, monitor borrower compliance, and mitigate credit risks. These audits provide lenders with assurance on the adequacy of primary security (inventory, receivables) and the borrower’s financial discipline. We offer specialized Credit & Stock Audit Services for banks, NBFCs, and corporates, focusing on verifying stock levels, receivables, fund utilization, and adherence to sanctioned credit terms. Our structured audit approach helps in identifying irregularities, preventing fund diversion, and ensuring that lending exposures are adequately secured. Physical Verification of Inventory and Stock Records Reconciliation Verification of Receivables, Debtor Ageing & Realization Patterns Fund Flow Analysis & Monitoring of Credit Facility Utilization Assessment of Compliance with Sanction Terms & Loan Covenants Evaluation of Internal Controls Related to Inventory & Receivables Identification of Potential Irregularities or Fund Diversion Risks Advisory on Inventory Management, Receivables Efficiency & Documentation Our audit process includes physical verification of stock, validation of stock records, reconciliation of receivables, analysis of stock turnover ratios, fund flow reviews, assessment of working capital utilization, and compliance checks against sanction terms and loan covenants. We also evaluate internal controls and suggest corrective actions for risk mitigation. Beyond compliance reporting, we provide advisory on improving inventory management, receivable cycles, documentation processes, and help borrowers strengthen financial discipline. Our audits serve as a proactive tool for lenders to monitor credit quality and for businesses to streamline their financial operations. FAQ Frequently Asked Questions (FAQs) What is the objective of a Credit/Stock Audit? The primary objective is to verify the adequacy of primary security (stock, receivables), ensure proper end-use of funds, monitor borrower compliance, and identify potential credit risks for lenders. Who mandates Credit/Stock Audits? Banks, NBFCs, and financial institutions mandate Credit/Stock Audits for borrowers availing large working capital limits or in cases where risk monitoring is required. What areas are covered during a Stock Audit? Stock Audits include physical verification of inventory, reconciliation with stock records, valuation checks, stock turnover analysis, and compliance with sanctioned limits and hypothecation agreements. Can you assist in Credit Audits for multiple branch locations? Yes, we have the capacity to conduct Credit & Stock Audits across multiple locations, ensuring uniform audit methodology and consolidated reporting for lenders. RBI Empaneled Services Bank Branch Audits (Statutory/Concurrent) Credit/Stock Audits NBFC Audits RBI Guideline Compliance CA. Dhiraj Jain FCA, DISA Let’s Talk Reach out to our team  we’re here to assist you with audit, tax, and advisory solutions. Contact Now Explore More Services Audit & Assurance Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more Income Tax Comprehensive tax planning, filing, and representation for individuals and businesses. Read more GST Specialized GST compliance, advisory, and litigation support tailored to your needs. Read more Project Finance Financial structuring, viability analysis, and advisory for infrastructure and capital projects. Read more RBI Empaneled Services Trusted statutory auditors for RBI-regulated entities, ensuring compliance and risk control. Read more Corporate Compliance with MCA Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more IPO Management Services Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more

Comprehensive Audits for Bank Branches to Strengthen Internal Controls, Compliance & Operational Efficiency. Bank Branch Audits (Statutory & Concurrent) – Ensuring Regulatory Compliance & Financial Accuracy Bank Branch Audits are critical for ensuring that banking operations comply with regulatory requirements, internal policies, and financial reporting standards. Statutory Audits focus on verifying the correctness of financial statements, asset classification, provisioning, and adherence to RBI guidelines. Concurrent Audits, on the other hand, are real-time audits aimed at monitoring transactions to prevent frauds and ensure procedural compliance. We specialize in conducting Statutory & Concurrent Audits of Bank Branches for both public and private sector banks. Being an RBI Empaneled Audit Firm, we follow a structured audit methodology aligned with RBI’s Risk-Based Supervision (RBS) framework, ensuring thorough examination of banking operations, compliance, and internal control systems. Statutory Audits of Bank Branches as per RBI Guidelines & LFAR Reporting Concurrent Audits for Real-Time Monitoring of Transactions & Internal Controls Verification of Advances, Asset Classification, NPA Identification & Provisioning Audit of Deposits, Interest Calculations, Income Leakages & Suspense Accounts Compliance Checks for KYC, AML, Regulatory Filings & Internal Policies Support in Addressing RBI Inspection Observations & Audit Rectifications Advisory on Strengthening Risk Management & Operational Efficiency Our  audit scope includes verification of advances (loan documentation, sanctioning, asset classification), deposits, income leakages, NPA identification, provisioning adequacy, KYC/AML compliance, regulatory reporting accuracy, and concurrent monitoring of high-value transactions. We also provide real-time feedback on internal process improvements and risk mitigation strategies. Beyond the audit reporting, we assist banks in addressing RBI inspection findings, rectifying audit irregularities, and implementing robust internal control frameworks. Our proactive audit approach helps in minimizing operational risks, enhancing regulatory compliance, and maintaining financial discipline at the branch level. FAQ Frequently Asked Questions (FAQs) Are Concurrent Audits mandatory for all bank branches? RBI mandates concurrent audits for high-risk branches based on business volume, operational risk, and regulatory requirements. Banks may also voluntarily appoint concurrent auditors for internal risk control. What are the key focus areas in a Statutory Bank Branch Audit? Verification of advances, NPAs, provisioning, deposits, income recognition, compliance with RBI Circulars, KYC/AML adherence, and accurate regulatory reporting. Can you assist in rectifying audit observations raised by RBI or Concurrent Auditors? Yes, we assist in preparing rectification reports, implementing corrective actions, and ensuring compliance with audit observations to avoid penalties and reputational risks. How do Bank Branch Audits help improve operational efficiency? Regular audits help identify control weaknesses, prevent income leakages, detect procedural lapses, and recommend process improvements that enhance the operational efficiency and compliance culture within branches. RBI Empaneled Services Bank Branch Audits (Statutory/Concurrent) Credit/Stock Audits NBFC Audits RBI Guideline Compliance CA. Dhiraj Jain FCA, DISA Let’s Talk Reach out to our team  we’re here to assist you with audit, tax, and advisory solutions. Contact Now Explore More Services Audit & Assurance Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more Income Tax Comprehensive tax planning, filing, and representation for individuals and businesses. Read more GST Specialized GST compliance, advisory, and litigation support tailored to your needs. Read more Project Finance Financial structuring, viability analysis, and advisory for infrastructure and capital projects. Read more RBI Empaneled Services Trusted statutory auditors for RBI-regulated entities, ensuring compliance and risk control. Read more Corporate Compliance with MCA Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more IPO Management Services Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more