Equitas Small Finance Bank has announced the appointment of its Joint Statutory Auditors for the financial year 2026-2027. The bank received approval from the Reserve Bank of India on May 13, 2026, to proceed with these professional appointments. The selection includes the re-appointment of one firm and the first-year appointment of another, ensuring robust financial oversight and compliance for the upcoming fiscal period.
Auditor Appointments for FY 2026-2027
Equitas Small Finance Bank has finalized its audit leadership for the upcoming fiscal year. Following approval from the Board of Directors and the Reserve Bank of India, the bank will maintain a two-firm structure for its statutory audits. This decision is designed to maintain high standards of financial transparency and professional diligence throughout the 2026-2027 financial cycle.
Details of Audit Firms
The bank has confirmed the following appointments to lead its statutory audit functions:
- M/s Suri & Co., Chartered Accountants: The firm has been re-appointed for their third consecutive year, providing continuity in audit procedures.
- M/s Sundaram & Srinivasan, Chartered Accountants: This firm has been appointed for their first year. This specific appointment is currently subject to the final approval of the Bank’s shareholders.
The bank has officially confirmed these changes as of May 14, 2026, following the regulatory clearance received on the previous day.
Source: BSE
