Auditor16 Jul 2026, 10:50 pm
Indusind Bank Re-appoints Joint Statutory Auditors for FY27
AI Summary
Indusind Bank Ltd has received approval from the Reserve Bank of India (RBI) for the re-appointment of its Joint Statutory Auditors. M/s. Chokshi & Chokshi LLP will serve their third year, and M/s. Borkar & Muzumdar will serve their second year as auditors for the financial year 2026-27. This decision aligns with the Banking Regulation Act, 1949, and RBI guidelines, following a recommendation from the Bank's Board of Directors. The intimation has been uploaded to the bank's website.
Key Highlights
- RBI approves re-appointment of Joint Statutory Auditors for FY27.
- Chokshi & Chokshi LLP and Borkar & Muzumdar continue their roles.
- Re-appointment follows RBI guidelines and Board recommendation.
- Auditors appointed for their third and second consecutive years.
Price Impact
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