Inspection and Audit Dept.
Inspection and Audit Dept. plays the supervisory role over the borrowing units through the
Regional offices by way of inspection & various visits. The observations on the inspection
reports are communicated to concerned units. The Compliance on the same are obtained timely
to exercise control over borrowing units. The Department also exercises control on field
staff of the Regional Offices of the Bank by way of scheduled Inspection programe.
This facilitates effective check and control over all borrowing units, utilization of
funds & recovery of loans of the bank and immediate rectification of observations thereof.
Compliance on Statutory Audit Report, internal audit Reports and Statutory Inspection Report
(NABARD), are also placed before the Audit sub-committee and BoA-(BoD) for approval and
are forwarded to the concerned Authorities.