Empanelment of Stock Auditor for State Bank of Bikaner and Jaipur

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  1. Raj Gupta1
    Raj Gupta1 on Apr 11, 2015
    State Bank of Bikaner & Jaipur invites applications for Stock Auditors from Chartered Accountant Firms for carrying out stock audit of their branches/ offices/ locations. Last Date of receipt of Applications 30.04.2015 CA Firms / LLP , who are interested may submit their application/ bio-data on the prescribed format.


    1.CA Firms must meet the following eligibility requirements:
    • It should be a Company/ partnership firm with a standing of at least 5 years and sufficient experience of bank related stock audit/ credit audit work. Those who are already empanelment with us /SBI/ Associate Banks/ FIs and other Public Sector Banks having good track record of handling the assignment will be given preference.
    • The Firm should have, at least two FCA partner and should have been with the firm for at least two years in immediate past.
    • The firm should have an office at the centre/ city and for smaller towns within the District where our branches may be proposed to be covered under stock audit.
    • Where there are common partners/ directors in more than one firm, only one of the such firms may be empanelled. . The CA firm or any sister / associate concern of the firm which are on Statutory Audit Panel of the Bank and the firms with any of the partners being a Director in our Bank or any of the firm's Associate / sister concern doing special assignment in our Bank are not required to apply. Audit Firm assigned with concurrent/ others audits in the bank will not be eligible for stock audit.
    • Chartered Accountants/ Firms should be registered with RBI Panel for conducting Statutory Audit.
    • Those companies/ firms who have personnel with engineering background to assist in conducting the Stock Audit will be given preference.
    2. Those already on the Panel of our Bank and also those who have submitted their Applications in the past for such empanelment need to apply de-novo.

    3. Banks reserve the right to not to empanel any of the companies/ Firms etc. without assigning any reasons.

    4. Parties/ Firms de-empanelled by our Bank or any other Bank/ FIs will not be considered for empanelment with our bank.

    5. The panel will be reviewed when as required and bank reserves the right to de-panel any of the company/ firm in between on observance of unsatisfactory performance/ report.

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