Mumbai: In line with SEBI regulations and its commitment to robust financial governance, Bank of Baroda (BoB) has announced the appointment and re-appointment of its Statutory Central Auditors (SCAs) for the financial year 2025–26. The bank has finalized five Chartered Accountant firms for the upcoming audit cycle, including three continuing firms and two newly appointed firms.
Continuing Audit Firms
The continuing auditors who will serve their third consecutive year include:
- M/s Shah Gupta & Co., Mumbai (established in 1976)
- M/s V. Sankar Aiyar & Co., Mumbai (established in 1952)
- M/s Batliboi & Purohit, Mumbai (established in 1907)
These firms bring decades of combined experience, ensuring continuity, expertise, and deep familiarity with the bank’s operations.
Newly Appointed Firms
Two new firms have been inducted into the SCA panel:
- M/s Ravi Rajan & Co LLP, Delhi
- M/s Gokhale & Sathe, Mumbai
They replace M/s Khandelwal Jain & Co. and M/s S Venkatram & Co LLP, which have completed their prescribed tenure. The inclusion of these new firms is expected to bring fresh perspectives and reinforce the bank’s financial oversight and compliance framework.
Commitment to Governance and Compliance
In the official announcement, BoB emphasized the professional excellence and legacy of the selected firms. The bank noted that the combination of experienced and new audit firms reflects its focus on strengthening regulatory compliance, transparency, and robust financial management.
BoB’s continued association with long-standing firms alongside new entrants ensures a balanced approach to audit scrutiny, catering to evolving regulatory standards and the bank’s growth trajectory.
About Bank of Baroda
Bank of Baroda is one of India’s leading public sector banks, offering a wide range of banking, financial, and investment services. With a strong domestic and international presence, the bank is committed to sound financial governance, customer-centric operations, and regulatory compliance, reinforcing its position as a trusted financial institution in India and abroad.
