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.