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Private Sector Bank
Auditor7 May 2026, 05:21 pm

DCB Bank: RBI Approves Auditor Appointments for FY 2026-27

AI Summary

The Reserve Bank of India (RBI) has approved the reappointment of M/s Varma & Varma as Joint Statutory Auditors for the third year and the appointment of M/s Deloitte Haskins & Sells as Joint Statutory Auditors for the first year, replacing M/s. B S R & Co. LLP, whose term concludes at the upcoming AGM. The appointments are subject to member approval at the AGM. M/s Varma & Varma has BFSI sector audit experience of more than 50 years. Deloitte Haskins & Sells has been engaged in statutory audits of financial statements of banks and other financial institutions for a number of years.

Key Highlights

  • RBI approves reappointment of Varma & Varma as Joint Statutory Auditors.
  • Deloitte Haskins & Sells appointed as Joint Statutory Auditors, replacing B S R & Co. LLP.
  • Appointments are subject to member approval at the upcoming AGM.
  • Varma & Varma has over 50 years of BFSI audit experience.
  • Deloitte Haskins & Sells has experience in auditing banks and financial institutions.