Inspection and Audit Dept.
Inspection and Audit Dept. plays the supervisory role over the borrowing units through
the divisional 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 Divisional Offices of the Bank by way
of scheduled Inspection program. 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 reports on Statutory Audit Report,
internal audit memos and Statutory Inspection Report (NABARD), are also placed before
the Audit sub-committee and BoA-(BoD) for approval and are forwarded to the concerned.