Aakanksha Prabhune

Articled Assistant – Central Statutory Bank Audit - BNP Paribas (India Branches)

• Conducted reviews of advances in accordance with IRAC norms and provisioning guidelines set by RBI.
• Assessed loan sanction procedures and evaluated drawing power limits for borrowers.
• Scrutinized account statements to ensure proper servicing of loans and compliance with repayment terms.
• Reviewed certifications related to Priority Sector Lending (PSL) and Capital Adequacy Ratio (CAR) as per regulatory requirements.
• Prepared and submitted the Long Form Audit Report (LFAR), documenting audit findings and recommendations for regulatory authorities.

Articled Assistant – Statutory Audit - Federal Bank

• Reviewed loan documentation to ensure compliance with bank policies and regulatory requirements.
• Verified stock statements submitted by borrowers to calculate drawing power, ensuring accuracy and adherence to terms and conditions of the loan agreement.
• Assisted in analyzing borrower financials and prepared reports to support loan approval and monitoring processes.

Articled Assistant – Concurrent Audit, Trade Finance Department - Bank of Bahrain and Kuwait

• Reviewed Letters of Credit (LCs), Bank Guarantees (BGs), Import Bills, Packing Credits, and Merchant Banking transactions to ensure compliance with the FEMA Act 1999 and RBI’s Master Circular
• Audited interest subvention claims and verified the proper application of interest rates for eligible borrowers under government schemes.

Articled Assistant – Income Tax Preparation & Tax Audit

• Prepared and filed income tax returns for individual clients, ensuring compliance with the Income Tax Act and applicable regulations.
• Assisted in the preparation of Tax Audit Reports as per Form 3CB, ensuring the accuracy of tax filings.