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Private Sector Bank
Auditor13 Jun 2026, 04:11 pm

Yes Bank Appoints MSKA & Associates as Joint Statutory Auditor

AI Summary

Yes Bank has announced the appointment of M/s. MSKA & Associates LLP as a Joint Statutory Auditor for the financial year 2026-27, subject to shareholder approval. This appointment is in place of M/s. G. M. Kapadia & Co., who will rotate out as per RBI guidelines. M/s. CNK & Associates LLP will continue as Joint Statutory Auditors for their third year. The Reserve Bank of India has approved these appointments. MSKA & Associates LLP, established in 1978, has offices across 15 Indian cities and specializes in Audit & Assurance, and Taxation & Accounting Advisory.

Key Highlights

  • MSKA & Associates LLP appointed as Joint Statutory Auditor for FY27.
  • CNK & Associates LLP re-appointed as Joint Statutory Auditor for FY27.
  • Appointment of MSKA & Associates LLP requires shareholder approval.
  • M/s. G. M. Kapadia & Co. will rotate out as per RBI guidelines.
  • RBI has approved the appointment of the new joint auditors.