Sr Questionnaire Answer
No
1. Cash holding limit fixed by the controlling authorities of the bank for your branch. Yes (12 lakh)
2. Provide us the date and amount on which cash balances, which vary significantly from the 30/05/2023
limits fixed by the controlling authorities of the Bank? Amt – 29,25,112
3 Whether excess cash balances have been reported to the controlling authorities of the Bank? YES
4. Does the branch hold adequate insurance cover for cash-on-hold a n d c a s h i n t r a n s i t ? YES
5 Is cash maintained in effective joint custody of two or more officials, as per the yes
instructions of the controlling authorities of the bank?
6 Have the cash balances at the branch been checked at periodic intervals as per the yes
procedure prescribed by the controlling authorities of the bank?
7 Whether the branch held Balances with Reserve Bank of India, State Bank of India N/A
and Other Banks?
8 Has the branch complied with the procedures/ instructions of the controlling YES
authorities of the bank regarding loan applications, preparation of proposals for grant
/ renewal of advances, enhancement of limits, etc., including adequate appraisal
documentation in respect thereof?
9 What is the delegated authority or limit fixed for the branch for advances? Provide No such cases
details of credit facilities having been sanctioned beyond the delegated authority or
limit fixed for the
Branch? Are such cases promptly reported to higher authorities?
10 Whether advances have been disbursed without complying with the terms and no
conditions of the sanction? If so, provide details
11. Whether credit facilities released by the branch without execution of all the necessary no
documents? If so, provide details
12 Provide details of advances where there is deficiencies in documentation, non- No such case
registration of charges, non-obtaining of guarantees, etc.?
13 Whether advances against lien of deposits have been properly granted by marking a Yes
lien on the deposit in accordance with the guidelines of the controlling authorities of
the bank?
14 Is the procedure laid down by the controlling authorities of the bank, for periodic Yes
review of advances including periodic balance confirmation/ acknowledgment of
debts followed by the Branch? Provide details of the accounts overdue for
review/renewal between 6 months and 1year, and over 1 year
15 Are the stock/ book debt statements and other periodic operational data and financial Yes
statements, etc. received regularly from the borrowers and duly scrutinized? Is
suitable action taken on the basis of such scrutiny in appropriate cases? Please
provide us party wise amount of stock statement submitted to branch for the month of
Dec2023/March 2024.
16 Whether there exists a system of obtaining reports on stock audits periodically? If so, Yes
whether the branch has complied with such system?
17 Indicate the cases of advances to non-corporate entities with limits beyond ` 10 lakhs No such cases
where the Branch has not obtained the accounts of borrowers, duly audited under the
RBI guidelines with regard to compulsory audit or under any other statute
18 Has the inspection or physical verification of securities charged to the Bank been Yes
carried out by the branch as per the procedure laid down by the controlling authorities
of the bank?
19 Please provide details of advances where there are deficiencies in value of securities No any deficiencies.
and inspection thereof or any other adverse features such as frequent/ unauthorized
overdrawing beyond limits, inadequate insurance coverage, etc.? Provide us insurance
coverage date as on 31.03.2024 & insured amount of stock in CC/OD accounts
20 In respect of leasing finance activities, has the Branch complied with the guidelines No such cases
issued by the controlling authorities of the bank relating to security creation, asset
inspection, insurance, etc? Has the Branch complied with the accounting norms
prescribed by the controlling authorities of the bank relating to such leasing activities?
gekjk y{; le`) ,o afodflr xzkeh.k Hkkjr
{ks=h; dk;kZy; &vkW[k vLirky ds ikl] lhrkiqj
Qksu ua 05862&220504 ] 05862&220508
E-mail Address: adv.rositapur@aryavartbank-rrb.com
21 Whether credit cards have been issued by your branch and credit card dues recovered No such cases
promptly?
22 Has the branch identified and classified advances into standard substandard/ doubtfui/ Yes CLASSIFIED
loss assets in line with the norms prescribed by the Reserve Bank of India. Please
provide us copy of H.0.Instructions for identification of NPAs and Classification of BY HO
Advances
23 Have you come across cases where the relevant Controlling Authority of the bank has No such cases
authorized legal action for recovery of advances or recalling of advances but no such
action was taken by the branch? If so, give details of such cases.
24 Have all non-performing advances been promptly reported to the relevant Controlling Yes
Authority of the bank? Also state whether any rehabilitation programme in respect of
such advances has been undertaken, and if so, the status of such programme.
25 Have appropriate claims for DICGC and Export Credit Guarantee/ Insurance and
subsidies, if any, been duly lodged and settled? The status of pending claims giving
year wise break-up of number and amounts involved should be given in the following No
format:-
a. Claims as at the beginning of the year (Give year-wise details)
b. Further claims lodged during the year Amounts representing:
c. c laims accepted /settled (give year-wise details)
d. clairs rejected (give year-wise details)
e. Balance as at the year-end (give year-wise details)
26 In respect of non-performing assets, has the branch obtained valuation reports from No such cases
approved valuers for the fixed assets charged to the the bank, once in three years,
unless the circumstances warrant a shorter duration?
27 Is there any case of compromise/ settlement and write-off Details of the cases of No such cases
compromise/Is settlement and write-off cases involving write- offs/ waivers in excess
of 50. .OO lakhs may be given.
28 Has the branch given Guarantees and Letters of Credit? No such cases
Details of outstanding amounts of guarantes and Letters of Credit as on 3 1.03.2024
should be provide to us.
29 Does the system of the Bank ensure adequate internal control over issue and custody YES
of stationery comprising security items (Term Deposit Receipts, Drafts, Pay Orders,
Cheque Books, Traveler's Cheques, Gift Cheques, etc.)? Whether the system is being
followed by the branch?
30 Have you come across cases of mising/lost items of such stationery during the year NO
under under audit?
31 Does the system of the Bank ensure expeditious clearance of items debited to Yes
Suspense
Account? Details of old outstanding entries should be provided to us and the reasons
for delay in adjusting the entries should be provided to us.
32 Provide us copy of guidelines of the controlling authorities of the bank laid down with YES
respect to conduct and operations of Inoperative Accounts?
33 After the balance sheet date and till the date of audit, whether there have been any NO
unusual large movements <whether increase or decrease) in the aggregate deposits
held at the year-end?
34 Are there any overdue /matured term deposits at the end of the year? If so, amounts Already provided
thereof should be provided to us.
35 Please provide us the number of items and the aggregate amount of old outstanding NO
items pending as on 31.03.2024 for three years or more in Other Liabilities Bills
Payable, Sundry Deposits.
36 Please provide us list of major items of the contingent liabilities (other than No such case
constituents liabilities suach a guarantees, letters of credit, acceptances,
endorsements, etc.) not acknowledged by the Branch.
PROFIT AND LOSS ACCOUNT
37 Whether the branch has a system to compute discrepancies in interest/discount and for YES
timely adjustment thereof in accordance with the guidelines laid down in this regard
by the controlling authorities Of the bank?
gekjk y{; le`) ,o afodflr xzkeh.k Hkkjr
{ks=h; dk;kZy; &vkW[k vLirky ds ikl] lhrkiqj
Qksu ua 05862&220504 ] 05862&220508
E-mail Address: adv.rositapur@aryavartbank-rrb.com
38 Has the branch complied with the Income Recognition norms prescribed by R.B.I.? YES
pleaseprovide us copy of instructions of the controlling authorities of the bank
regarding charging of interest on non-performing assets.
39 Whether the branch has a system to compute discrepancies n interest on deposits and YES
for timely adjustment of such discrepancies in accordance with the guidelines laid-
down in this regard by the controlling authorities of the bank?
40 Does the bank have a system of estimating and providing interest accrued on overdue YES
matured term deposits? Please provide the details of overdue/matured term deposits
as on 31.03.2024.
41 Whether any books of account are maintained manually? if so, provide us the list No
there of.
42 In respect books are maintained of computer YES
Whether hard copies of accounts are printed regularly?
Indicate the extent of computerization and the areas of operation covered
Are the access and data security measures and other internal controls
adequate?
Whether regular back-ups of accounts and off-site storage are maintained as
per theguidelines of the controlling authorities of the bank?
Whether adequate contingency and disaster recovery plans are in place for
loss/encryption of data?
43 Have the figures, as at the year end, in the control and subsidiary records been YES
reconciled? If not,the last date up to which such figures have been reconciled should
be given under the respective heads.In respect of inter branch account please provide
us the following:
1. Does the branch forward on a daily basis to a designated cel/Head Office,
a statement of
debit/credit transactions in relation to other branches?
2. Does a check of the balance in the Head Office Account as shown in the
said statement during
and as at the year-end reveal that the same is in agreement with the Head
Office Account in the
3. Are there any outstanding debits in the Head Office Account in respect of
inter-branch
general ledger?
transactions?
4. Does the branch expeditiously comply with / respond to the
communications from the
designated cell/ Head Office as regards unmatched transactions? As at the
year-end are there
any un-responded/un-complied queries or communications? If so, give
details?
S. Please provide details of double responses in the Head Office Account.
6. Are there any old/large outstanding transaction/entries at debits as at
year-end which remain unexplained in the accounts relatable to inter-branch
adjustments?
44 Is the branch covered by concurrent audit or any other audit/ inspection during the YES
year?
45 Whether major adverse comments arising out of the latest reports of the previous No
auditors, concurrent auditors, stock auditors or internal auditors, or in the special audit
report or in the Inspection Report of the Reserve Bank of India have been attended by
you. State the various adverse features persisting in the branch though brought out in
these audit/ inspection reports.
46 Whether of Jilani Committee recommendations have been complied by the branch. YES
47 Furnish particulars of frauds discovered during the year under audit at the branch if No
any.
48 Whether the branch was involved in the window dressing i.e., deposit of NO
chequeltransfer from other account in deposit/advance accounts at any time during the
year and reversing the same
after some time.
gekjk y{; le`) ,o afodflr xzkeh.k Hkkjr
{ks=h; dk;kZy; &vkW[k vLirky ds ikl] lhrkiqj
Qksu ua 05862&220504 ] 05862&220508
E-mail Address: adv.rositapur@aryavartbank-rrb.com
49 Does the branch maintain records of all the fixed assets acquired and held by it N/A
irrespective of whether the values thereof or depreciation thereon have been
centralized? here documents of
title in relation to branch of other branches are available at the branch, whether the
same have been verified
50 Please provide us details required for tax audit along with supporting documents Already Provided.
Thanking you.
Branch Manager
Branch-………………..
Place:- Sitapur
gekjk y{; le`) ,o afodflr xzkeh.k Hkkjr
{ks=h; dk;kZy; &vkW[k vLirky ds ikl] lhrkiqj
Qksu ua 05862&220504 ] 05862&220508
E-mail Address: adv.rositapur@aryavartbank-rrb.com
