Tag: auditors remuneration

Banking Laws (Amendment) Bill 2024 – Amendments related to auditor’s remuneration to be decided by bank The Banking Laws (Amendment) Bill 2024  has bene presented in Lok Sabha. It proposes certain amendments to provisions related to auditor’s remuneration. As per Statement of Objects and Reasons of the Banking …

RBI has revised the remuneration payable to the Statutory Central and Branch Auditors of Nationalized banks effective from the FY 2022-23. The revised remuneration is as under: 1. Remuneration for Central Statutory Audit work of the bank The fees admissible to the SCAs for Audit of the Head/Central …