Over 13,000 CA Firms serve Public Sector Banks as SCAs and SBAs in F.Y. 2022-23

PSBs employed a total of 13,114 Chartered Accountancy (CA) firms, comprising 61 Statutory Central Auditors (SCAs) and 13,053 Statutory Branch Auditors (SBAs).
CA Firms serve Public Sector Banks - SCAs and SBAs - TAXSCAN

In response to queries raised in the Lok Sabha, the Minister of State in the Ministry of Finance, citing information from the Reserve Bank of India, revealed that Public Sector Banks (PSBs) have engaged the services of more than 13,000 Chartered Accountancy (CA) firms. The queries addressed in the Lok Sabha included whether the government…

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