Mr. Bharat Rattan Aggarwal
B.Com, ISA. FAFD, IND-AS
CA Bharat Rattan, a distinguished Chartered Accountant and the founding Partner of B Rattan & Associates, brings an impressive wealth of knowledge and experience to the firm. With over 30 years of industry expertise in Auditing, Financial, and Management Consultancy, he has been a driving force behind our firm's success.
His professional journey began in 1992 when he achieved his Chartered Accountant qualification, and since then, he has continually demonstrated exceptional proficiency in his field. Beyond the realms of his accounting prowess, CA Bharat Rattan has also made significant contributions to the financial sector as an Independent Director of the State Bank of Bikaner & Jaipur, a public sector bank that has since merged with the State Bank of India.
During his tenure as an Independent Director, which spanned from 15th May 2011 to 14th May 2014 and again from 1st March 2015 to 31st January 2017, CA Bharat Rattan not only provided invaluable insights but also had the privilege of chairing the Extraordinary General Meeting of State Bank of Bikaner & Jaipur (SBBJ).During his tenure as an Independent Director, which spanned from 15th May 2011 to 14th May 2014 and again from 1st March 2015 to 31st January 2017, CA Bharat Rattan not only provided invaluable insights but also had the privilege of chairing the Extraordinary General Meeting of State Bank of Bikaner & Jaipur (SBBJ).
CA Bharat Rattan has served as Chairman of Audit Committee Board during his whole tenure as Independent Director and also serves as Member on various committees of SBBJ.
His dedication to financial excellence led him to actively participate in numerous Annual Financial Inspection meetings at the Reserve Bank of India, Head Office in Mumbai, alongside the Chief General Manager of Banking & Operations.
His profound knowledge and comprehensive understanding of Indian laws, regulations, and the intricate corporate taxation system have proven instrumental in assisting numerous organizations to establish and seamlessly operate their businesses in India.
CA Bharat Rattan's leadership and expertise stand as a testament to B Rattan & Associates' commitment to delivering excellence in financial services and consultancy, making him an invaluable asset to the firm and its clients alike.
Banking Experience
This versatile Chartered Accountant has handled various types of special audit, Inspection audit, Revenue audit, statutory audit, stock audit, Information Technology audit and Credit audit. Nothing is new to him as far as bank audit is concerned. He has done many Inspections of house Loans of Indian Bank. He has also done statutory audit of Regional Rural Banks like Shivalik Kshetriya Gramin Bank, Punjab Gramin Bank etc. He has also conducted Central Statutory Audit of Bank of India. He has also done statutory central audit of The Moga Central Co-operative Bank, Moga (Punjab) for the last three years i.e. 2008-09, 2009-10 & 2010-11 and The Jalandhar Central Cooperative Bank Jalandhar for the year ending 31.03.2012, 31.03.2013 & 31.03.2014. The SAS Nagar Central Cooperative Bank Ltd 31.03.2020, the Punjab State Cooperative Bank 31.03.2019. He is also doing concurrent audit of RBI, Chandigarh. He has 28 years of experience in banking. He has handled more than 50 concurrent audit assignments. He has done branch statutory audit of more than 25 branches of SBI, SBOP, Central Bank of India. He also Lead the Team for Central Statutory Audit of Bank of India. He has handled more than 50 assignments of revenue audit and has done stock audit of many firms and has handled system audit of PNB, OBC, Vijaya Bank and SBBJ and has done credit audit of Bank of Maharashtra . He has also done internal inspection of OBC Bank and Indian Bank. He has done branch statutory audit of State Bank of India from 01.04.1993 to 31.03.1998, 31.03.2022 and State Bank of Patiala from 31.03.1999 to 31.03.2003, 31.03.2008 to 31.03.2011, Statutory Audit of Central Bank of India from 01.04.2013 to 31.03.2014, Statutory Audit of Union Bank of India from 01.04.2017 to 31-03-2021 & Statutory Audit of J & K Bank Ltd from 01.04.2016 to 31-03-2021
He was Chairman and member of following committees of State Bank of Bikaner & Jaipur from time to time from 15.05.2011 to 14.05.2014.
- Chairman of Audit Committee Board
- Member of Special Committee of the Board for Monitoring and Follow up of Large Value Frauds of Rs. 1.00 Crore and above
- Member of Risk Management of Board
- Member of Remuneration Committee of the Board
- He had also chaired Extra Ordinary General Meeting
- Member of Executive Committee of the Board
INSURANCE EXPERIENCE
He has done statutory audit of National Insurance Co, United India Insurance Co and New India Assurance Co Ltd. He has eight years of experience in this line as Statutory Auditor. He has also done statutory audit of Regional Office, Ludhiana of United India Insurance Company Ltd. for the F.Y. 2011-12, 2012-13, 2019-20, 2020-21 having 16 Divisions under the Regional Office. He has also experience in survey line. He is holding license of Insurance surveyor. He has good Knowledge in General insurance business.
SPECIAL AUDIT ASSIGNMENT
He also has expertise in Special Audit Assignments. He has handled many assignments such special assignment from Haryana Prathmik Shiksha Priyojna Parishad (a project of World Bank), internal audit cum tax audit of M/s. Punjab Water Resources Management & Development Corporation Ltd, internal audit under National Rural Health Mission of Ludhiana, Amritsar & Tarntaran Districts etc.
FINANCE EXPERIENCE
He has very good knowledge about Finance. He has handled many big proposals right from sanction of loan to installation of project. He has 18 years of experience in this field.
INCOME TAX EXPERIENCE
He has very good knowledge in Income Tax and related matters. He is filing e-T.D.S returns of some banks and he is also filing Income Tax returns of companies. He has appeared in many appeal cases. He is also providing Consultancy relating to service Tax matters.
COMPANY LAW EXPERIENCE
He is also providing Consultancy relating to company law matters. Even he is e-filing all documents of companies with Registrar of companies. He has a good knowledge in company law matters.