RBL Bank Limited has informed the Exchange regarding Change in Auditors of the company.
RBLBANK · price
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RBL Bank's Board, at its meeting on July 18, 2025, approved the appointment of M/s. Singhi & Co., Chartered Accountants as a Joint Statutory Auditor for a 3-year term, from the 82nd AGM to the 85th AGM. They will replace M/s. G M Kapadia & Co., whose 3-year term is completing at the conclusion of the 82nd AGM. M/s. Singhi & Co. will serve alongside the existing joint statutory auditor, M/s. KKC & Associates LLP. The Reserve Bank of India (RBI) has approved Singhi & Co. for FY 2025-26. Singhi & Co., established in 1953, is a member of the global network Moore Global and has experience auditing banks and financial services firms.
This is a routine, planned rotation of auditors after the completion of a full 3-year term, not a sudden or mid-term change. Shareholders are unlikely to see any negative impact, and the new auditor brings strong BFSI sector experience.