The paper embarks on a thorough examination, comparing the audit expenditures incurred by private sector banks and public sector banks. It's not merely a financial analysis; rather, it aims to uncover whether there's a discernible variance in how these two categories of banks allocate resources to auditing. However, the focus extends beyond financial figures; it seeks to unravel the underlying attitudes and perceptions towards auditing within the banking landscape. The study endeavors to unravel the intricate fabric of the banking industry, by scrutinizing these divergent perspectives, where perceptions often shape practices and policies. The core inquiry revolves around whether private sector banks and public sector banks view auditing through the same lens of importance. The paper intends to settle query whether they both equally invested in ensuring robust audit mechanisms, or does one category regard it as a perfunctory exercise? This line of questioning opens a window into the broader ethos of banking governance and risk management. Is auditing perceived merely as a regulatory obligation, a box to be checked to fulfill compliance requirements? Or is it recognized as a fundamental pillar of organizational resilience and financial health?