Reserve Bank Governor Shaktikanta Das on Thursday said the forensic audit report on the scam-hit PMC Bank is expected by the month-end, and efforts are also on to assess the realisable value of assets held by the cooperative that can be monetised.

“There is a forensic audit underway. We will get the report by the end of this month. Assessment of the realisable value of the assets of the bank is also on,” Das told reporters after the announcement of the monetary policy.

It can be noted that the RBI had on September 23 placed the city-headquartered bank under an administrator and capped the cash withdrawals, leading to public outrage. The curbs have since been lifted in multiple changes.

He said professional valuers are helping in valuation of PMC assets. Separately, there is a coordination mechanism in place consisting of the RBI-appointed administrator and the law enforcement authorities such as the Economic Offences Wing of the city police, the Enforcement Directorate and RBI officials for asset valuation, he added.