Central Bank of India Appoints New Auditor for FY 2025-26
Central Bank of India has appointed new Statutory Central Auditors (SCAs) for FY 2025-26, effective December 2025. M/s Garg Ashok & Company has been appointed as a new SCA, while M/s ADB & Co., M/s Amit Ray & Co., and M/s Jain Paras Bilala & Co. continue as SCAs.
The change in auditors is a standard corporate governance procedure and is unlikely to have a significant impact on the bank's operations or financial performance.
The appointment of auditors is a routine regulatory requirement for banks and does not inherently suggest a positive or negative financial outlook for the company.
Central Bank of India has announced the appointment of Chartered Accountant firms as its Statutory Central Auditors (SCAs) for the Financial Year 2025-26, effective from December 2025. This appointment follows the approval of the Reserve Bank of India.
The bank has re-appointed M/s ADB & Co. from Raipur, M/s Amit Ray & Co. from Prayagraj, and M/s Jain Paras Bilala & Co. from Jaipur as continuing SCAs. Additionally, M/s Garg Ashok & Company from Gurugram has been appointed as a new SCA, replacing the retired auditor M/s A R & Co. from New Delhi.
Brief profiles of the appointed auditors, including their establishment dates, FRN, UCN, addresses, email IDs, tenure as SCA in the bank, and the number of full-time partners, have been provided as Annexure I.
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