Banking has been a cornerstone of Nilesh Desai & Co.’s practice for over three decades. The firm serves nationalised banks, co-operative banks, and borrowers with audit assignments, credit documentation, search reports, and certifications required for advances, renewals, and foreign remittances under RBI and income-tax rules.
Credit Appraisal And Documentation
- Project reports for term loans, expansion projects, and limit enhancements
- CMA data — comparative financial statements, fund flow, and ratio analysis for working capital and term finance
- Financial statements and ITR-based assessments for SME and corporate borrowers
- Search reports for nationalised banks covering litigation, defaults, and group exposure
- Stock statements and drawing power certifications where within scope
Bank Audit Assignments
- Statutory audit of urban and rural co-operative banks
- Concurrent audit of bank branches — cash, clearing, advances, and compliance testing
- Stock audit and book debt verification for borrower accounts
- Revenue audit and transaction audit programmes
- TDS return preparation and filing support for bank branches
Certifications And Remittances
- Form 145 — undertaking for outbound remittance under the Income-tax Act, 2025
- Form 146 — chartered accountant’s certificate for foreign remittances
- Net worth, turnover, and income certificates for visa, tender, and bank purposes
- Valuation reports for internal bank review and security assessment
What Nilesh Desai &Amp; Co. Provides
Reports prepared in formats familiar to credit committees and inspection teams, with timely delivery during renewal and sanction seasons. The firm maintains professional relationships with branch and regional offices while adhering to independence requirements on audit engagements. Borrowers and banks may contact the Ahmedabad office for assignment discussions and fee quotes.
This page describes professional services permitted to chartered accountants in practice. It is not intended as solicitation of work.