GSRA & Associates logo
← All Client Stories
Audit

An Indian PSU banking subsidiary

Reconciliation exceptions reduced by 40%

Challenge

Required concurrent and statutory audit under CAG guidelines with tight reporting timelines and complex regulatory requirements.

Our Approach

Deployed a dedicated audit team with banking sector experience, coordinated with the CAG office on audit scope, and delivered reports aligned with RBI and CAG reporting standards.

Outcome

Audit completed within statutory timelines. No material qualifications. Identified process improvements that reduced reconciliation exceptions by 40%.

Got a question? Get an answer.

We respond within one business day — usually within hours.

Get in Touch →