Audit Reports

Overview

<p>This Report of the Comptroller and Auditor General of India containing the results of Performance Audit on the functioning of the State Bank of Sikkim for the period from 2017-18 to 2022-23 has been prepared for submission to the Governor of Sikkim under Article 151 of the Constitution of India. The State Bank of Sikkim (SBS) was established under the State Bank of Sikkim Proclamation, 1968 by the then Chogyal of Sikkim to carry on the business of banking borrow or raise money to lend money by making loans and advances to buy, sell, collect and deal in bills of exchange, hundies, promissory notes, drafts, bills of lading, debentures and other instruments. The SBS also acts as an agent of the Government of Sikkim. It is not regulated by the Reserve Bank of India. The focus of the audit is to assess the role of the SBS in providing the envisaged banking services to its customers in an efficient way. Audit has been conducted in conformity with the Auditing Standards issued by the Comptroller and Auditor General of India.</p>

Download Audit Report

• Report of the Comptroller and Auditor General of India on Performance Audit on Functioning of State Bank of Sikkim for the year ended March 2023 (Report No. 2 of 2025)
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