CSB Bank announced that its shareholders, at the 105th Annual General Meeting held on August 21, 2026, approved the appointment of M P Chitale & Co as Joint Statutory Auditors. This appointment is for a continuous period of three years, from FY 2026-27 to FY 2028-29, subject to Reserve Bank of India approval each year. This decision ensures continued financial oversight and compliance for the bank.
Shareholder Approval for Statutory Auditors
CSB Bank Limited has officially announced the approval of its shareholders for the appointment of M P Chitale & Co, Chartered Accountants, as Joint Statutory Auditors. This significant decision was made during the 105th Annual General Meeting of the Bank, which took place on August 21, 2026.
Auditors’ Tenure and Scope
The appointment of M P Chitale & Co is for a continuous period of three (3) years, covering the financial years from FY 2026-27 to FY 2028-29. The auditors will hold office from the conclusion of the 105th Annual General Meeting until the conclusion of the 108th Annual General Meeting of the Bank. This tenure is conditional upon obtaining the specific approval of the Reserve Bank of India for each financial year during their term, as per the Banking Regulation Act, 1949.
Information Dissemination
This intimation is made available on the official website of CSB Bank at www.csb.bank.in, ensuring transparency and accessibility of corporate information to all stakeholders.
Source: BSE
