Central Bank of India Appoints Four Statutory Central Auditors for FY 2025–26 After RBI Approval

Mumbai: Central Bank of India has announced the appointment and re-appointment of four chartered accountant firms as Statutory Central Auditors (SCAs) for the financial year 2025–26, following approval from the Reserve Bank of India (RBI). The decision will be effective from December 2025.

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and has been communicated to the stock exchanges for record purposes.

List of Appointed Statutory Central Auditors

The bank confirmed the following firms as its Statutory Central Auditors for FY 2025–26:

• M/s ADB & Co., Raipur – Continuing Statutory Central Auditor
  
• M/s Amit Ray & Co., Prayagraj – Continuing Statutory Central Auditor
  
• M/s Jain Paras Bilala & Co., Jaipur – Continuing Statutory Central Auditor
  
• M/s Garg Ashok & Company, Gurugram – Appointed as New Statutory Central Auditor

M/s Garg Ashok & Company has been appointed in place of M/s A R & Co., New Delhi, which has completed its prescribed tenure as Statutory Central Auditor.

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Strengthening Audit Oversight and Governance

According to the bank, the appointed audit firms bring extensive experience in banking audits, financial reporting, and regulatory compliance. Their appointment is expected to further strengthen audit oversight, transparency, and governance standards within the bank’s financial processes.

Central Bank of India also stated that brief profiles of all appointed auditors, including details of their establishment, partner strength, and tenure, have been placed on record in line with regulatory requirements.

Regulatory Compliance and Disclosure

The bank has formally requested stock exchanges to take the information on record, reaffirming its commitment to timely disclosures and adherence to statutory and regulatory norms as prescribed by the RBI and SEBI.

About Central Bank of India

Central Bank of India is one of the oldest and leading public sector banks in India, offering a wide range of banking and financial services to retail, corporate, and institutional customers. With a strong nationwide presence, the bank remains committed to robust governance, financial inclusion, and prudent risk management.

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