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  News & Events
 
03/04/2025
Poonam Gupta's appointment as RBI Deputy Governor
02/04/2025
GST Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Assam
Gross and Net GST revenue collections for the month of Mar, 2025
President Murmu asks RBI, banks to guard against e-frauds
31/03/2025
NFRA flags lapses in audit quality of three Audit Firms
28/03/2025
CA final exams to be held thrice a year from this year - ICAI
27/03/2025
RBI imposes Rs.75 lakh penalty on HDFC Bank, Rs.68.2 lakh on Punjab & Sind Bank
Bank Branch Audit 2025 Updates - Panel to Banks
 
 
  Notification/Circulars
01/04/2025
Master Circular - Housing Finance for UCBs
Master Direction - Reserve Bank of India (Interest Rate on Deposits) Directions, 2025
Master Circular – Housing Finance
Master Circular - Bank Finance to Non-Banking Financial Companies (NBFCs)
Master Circular - Income Recognition, Asset Classification, Provisioning and Other Related Matters - UCBs
Master Circular - Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances
Master Circular - Guarantees and Co-acceptances
Master Circular - Guarantees, Co-acceptances & Letters of Credit - UCBs
Master Direction – Facility for Exchange of Notes and Coins
Reserve Bank of India (Classification, Valuation and Operation of the Investment Portfolio of Commercial Banks) Directions, 2023
Master Circular - Prudential Norms on Capital Adequacy - Primary (Urban) Co-operative Banks (UCBs)
Master Direction on Counterfeit Notes, 2025 – Detection, Reporting and Monitoring
Master Circular – Basel III Capital Regulations
Master Circular on Board of Directors - UCBs
Master Circular on Conduct of Government Business by Agency Banks - Payment of Agency Commission
Master Circular - Disbursement of Government Pension by Agency Banks
Master Direction – Scheme of Penalties for bank branches and currency chests for deficiency in rendering customer service to the members of public
Master Direction on Penal Provisions in reporting of transactions / balances at Currency Chests
Master Circular – Lead Bank Scheme
Master Circular - Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs)
Master Circular – Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM)
Master Circular on SHG-Bank Linkage Programme
29/03/2025
Revised norms for Government Guaranteed Security Receipts (SRs)
Special Clearing Operations on March 31, 2025
27/03/2025
General Notification for Sale and Issue of Government of India Securities (including Treasury Bills and Cash Management Bills)
Gold Monetization Scheme (GMS), 2015 - Amendment
Master Direction – Reserve Bank of India (Prudential Norms on Capital Adequacy for Regional Rural Banks) Directions, 2025
Master Directions - Reserve Bank of India (Priority Sector Lending – Targets and Classification) Directions, 2025
Priority Sector Lending Certificates
Review of Priority Sector Lending (PSL) Target – Urban Co-operative Banks (UCBs)
Currency Chest operations on March 31, 2025
21/03/2025
Treatment of Right-of-Use (ROU) Asset for Regulatory Capital Purposes
Amortisation of additional pension liability - Implementation of Pension Scheme in Regional Rural Banks with effect from November 1, 1993 - Prudential Regulatory Treatment
Reserve Bank of India (Financial Statements - Presentation and Disclosures) Directions, 2021: Clarifications
17/03/2025
Asian Clearing Union (ACU) Mechanism – Indo-Maldives trade
Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year (2024-25)
Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Amendments in 12 Entries
Our Team

Our Team     
     
a)  Partners
               

  •  CA. S. S. Singhal - FCA, M.Com., LLB, DISA
  • CA. Surender Kumar - FCA
  • CA. Yogesh Garg - FCA
  • CA. Jyoti Aggarwal - FCA, DISA


b)  Audit Staff

Chartered Accountant / Semi Qualified
A team of qualified and semi-qualified chartered accountants has vast experience in undertaking any kind of work.

c)  Professionals on the Panel

The Firm has tied up with various professionals who are associates with them and
are experts in their field

1. CA. S. S. Singhal
More than four decades of experience in auditing (statutory, internal, concurrent, stock etc.) of large nationalized banks, insurance companies, public sector companies, financial institutions, public companies, and management consultancy, expertise in Income Tax matters at various levels i.e., up to Tribunal, expertise in tax planning, etc. He is also a peer reviewer. He is a certified Concurrent Auditor being DISA qualified. He has passed the following certificate courses conducted by the ICAI:

Certificate Course of the Concurrent Audit of Banks
Certificate course of Forensic Audit and Fraud detection
Certificate course in Forex and Treasury management

2. CA. Surender Kumar

More than four decades of experience in auditing (statutory, internal, concurrent, stock etc.) of Companies, Banks, and tax consultancy

3. CA. Yogesh Garg

More than three decades of experience in corporate advisory matters, business consultancy, foreign direct investments, consultancy to NRIs, advisory services on the incorporation of foreign companies in India, auditing (statutory, internal, concurrent, investigation, management, and special audits such as stock audits, proprietary audits, due diligence survey etc.) of large nationalized banks, public sector companies, financial institutions, public companies, and management consultancy with specialization in preparation of management information systems, accounting manuals, expertise in company law matters, representation before Company Law Board, etc. specialized in GST. He has passed the certificate course of the Forensic Audit conducted by the ICAI

4. CA. Jyoti Aggarwal

More than two decades of experience in accounting, costing, MIS reporting, auditing (statutory, internal, concurrent, stock, management, proprietary, etc.) of large nationalized banks, public sector companies, financial institutions, public companies, and management consultancy also have expertise in MCA-related matters. She has passed the following certificate courses conducted by the ICAI:

Certificate Course of the Concurrent Audit of Banks
Certificate course of Forensic Audit and Fraud detection
Certificate course in Forex and Treasury management

Professional Staff

Number of Technical Staff including Chartered Accountants - Fifteen

Our Major Clients


Providing services to more than 100 Companies, Firms etc. Globally in almost all
spheres

Govt. Audits/ Assignments

We have been doing Audits and other assignments for many PSUs through CAG
and Banks for last 40 years.