Auditor26 May 2026, 06:41 pm
CSB Bank: RBI OKs Joint Statutory Auditors for FY27
AI Summary
CSB Bank Ltd. announced that the Reserve Bank of India (RBI) has approved the appointment of M P Chitale & Co, Chartered Accountants, as one of the Joint Statutory Auditors for the financial year 2026-27, replacing Walker Chandiok & Co. LLP. Additionally, RBI approved the appointment of Sundaram & Srinivasan, Chartered Accountants, as the other Joint Statutory Auditors for the same period, marking their third year in office. The appointment of M P Chitale & Co is subject to shareholder approval at the upcoming Annual General Meeting (AGM).
Key Highlights
- RBI approves M P Chitale & Co as Joint Statutory Auditor for FY27, replacing Walker Chandiok & Co.
- Sundaram & Srinivasan approved as the other Joint Statutory Auditor for FY27, their third year.
- Appointment of M P Chitale & Co is subject to shareholder approval at the AGM.
- Sundaram & Srinivasan's appointment was previously approved by shareholders on August 23, 2024.
Price Impact
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