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As per internal Sources Reserve Bank of India has decided to stick to 6 crores limit for March 2013 Statutory Branch Bank Audits.
As per the reliable source, in spite of clearance for 20 crores limit, RBI is going ahead with last year agreed limit of 6 crores.
RBI shall finalize its Empanelment by the end of last week of January 2013/ First week of February 2013.
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