PGJ has received tremendous exposure in the area of Banking by virtue of its being Central Statutory Auditors of large Nationalized and Cooperative Banks. The services offered to Banks include:
Concurrent and Internal Audit of Branches and Head Office Departments that include Treasury, Credit Monitoring Cell, Risk Management, Fixed Assets, Accounts and Finance Department, NPA Cell etc.
For Cooperative Banks
Identification of Locations in the cities for opening branches
Identification of small Banks for merger with large Banks
Due Diligence of the merging Bank
Helping the Bank with merger strategy
Helping the Bank with RBI Compliances during mergers
Monitoring specific Borrower accounts
For Nationalized Banks
Helping the Bank with streamlining the Office Accounts department (Inter Branch Reconciliations), streamlining yearly closing of accounts activity of the Bank, recovering large TDS dues from Income Tax Departments.