Bank Statutory Audit
Statutory central and branch audit for public sector, private and co-operative banks.
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Banking & Financial Services
Regulatory Certification
The certificates banks, NBFCs and their regulators require - issued on work actually performed.
Overview
Certification carries a professional liability that is easy to underestimate. Each certificate asserts something specific, to a regulator or a lender who will rely on it. We issue only what the underlying verification supports, and we say so where the records do not support the assertion requested.
What this covers
How we help
Net owned fund certification
Certification of net owned funds for regulatory purposes.
Capital adequacy certification
Certification of capital ratios against applicable norms.
End-use certification
Certification of the application of borrowed funds.
Statutory dues and compliance certificates
Certificates on compliance status required by lenders and regulators.
FEMA and foreign remittance certification
Certification associated with cross-border flows.
Ad hoc and lender-specific certificates
Certificates in the formats specific lenders or authorities prescribe.
Common questions
Regulatory Certification — questions we are asked
No. A certificate is a professional assertion that a third party will rely on, and it has to be supported by work we have actually performed. Where the records do not support the assertion asked for, we will say so and set out what would be needed - which is more useful than a qualified certificate nobody can rely on.
Related
More from Banking & Financial Services
Concurrent Audit
Continuous branch-level audit that catches an exception in the month it happens, not in the year it is reported.
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Revenue, Inspection & Treasury Audit
Revenue leakage, branch inspection, currency chest and treasury operations audit.
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Talk to us about regulatory certification
A short conversation is usually enough to establish whether this is the right route, and what it would involve.