SBI Hyderabad, invites applications for the empanelment of Chartered Accountant (CA) firms as Concurrent Auditors to conduct audits at various branches, Centralized Processing Centres (CPCs), and special units, with the application deadline for the current cycle being May 31, 2026. Eligible firms must have RBI grading (I, II, or III), previous concurrent audit experience, and no conflicts of interest, such as being existing statutory auditors for SBI.
Key Eligibility Criteria
- RBI Grading: Only CA firms with RBI grade 1, 2, or 3 are eligible; Grade 4 firms are not accepted.
- Experience: Firms must have at least one year of concurrent audit experience in any commercial bank.
- Staffing: Sufficient qualified CAs, retired bank officers, or trained article clerks must be available.
- Location: The firm should ideally have an office in the center/location where the branch/outfit is located.
- Conflict of Interest: Firms currently working as statutory auditors, forensic auditors, or existing concurrent auditors for SBI are ineligible.
- Deadline: 31st May 2026.
- Submission: Applications must be submitted in the prescribed format, often requiring both online (if applicable) and physical submission to the Circle Audit Office.
- Documents: Self-attested copies of ICAI registration, experience certificates, and partnership deeds must be included.
- Submission Address: The Deputy General Manager (HR, Admin. & Ops), State Bank of India, HR Wing, Internal Audit Department, Corporate Centre, Hyderabad (or as specified in the official tender document).
- SOP for Empanelment of CA Firms
- ANNEXURE -I – APPLICATION FORM
- ANNEXURE -II- CAO ADDRESS & CONTACT DETAILS
- ANNEXURE III – SCOPE OF AUDIT
- ANNEXURE-IV TERMS AND CONDITIONS
- Annexure-V Penalty Clauses
- Annexure-VI LIST OF CENTRES
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