Key Event: Appointment and Cessation of Auditors
Pursuant to an order from the Comptroller and Auditor General of India (C&AG), the following firms were appointed as the Statutory Central Auditors of the Bank for the Financial Year 2026-27, effective 18th September 2026:
- M/s Vinay Naveen & Co, Chartered Accountants
- M/s B C Jain & Co, Chartered Accountants
- M/s Dhar Tiku & Co, Chartered Accountants
- M/s Gupta Sharma & Associates, Chartered Accountants
Concurrently, the following firms ceased to be the Statutory Central Auditors of the Bank, effective 18th September 2026:
- M/s J CR & Co, Chartered Accountants
- M/s Gupta Gupta & Associates, LLP
Details of Appointed Firms (From Annexures)
M/s Vinay Naveen & Co
- Reason for Change: Appointment
- Date & Term: Appointed on 18-09-2026 for FY 2026-27.
- Firm Profile: Partnership firm constituted on 01/12/1982. RBI Unique Code No. 333827. C&AG Empanelment No. CR2880009188C. The firm has 24 partners and 11 CA qualified staff. It has experience in central statutory audit, concurrent audit, and PSU audits spanning over 25 years, including work for banks like Bank of Baroda, State Bank of India, and Central Bank of India. It has offices in multiple states including Uttar Pradesh, Delhi, Rajasthan, Gujarat, Jammu & Kashmir, Maharashtra, Jharkhand, Chhattisgarh, Telangana, Madhya Pradesh, West Bengal, Tamil Nadu, Bihar, Odisha, and Punjab.
M/s B C Jain & Co
- Date & Term: Appointed on 18-09-2026 for FY 2026-27.
- Firm Profile: A partnership firm established on September 26, 1962. ICAI Firm Registration No. (FRN) is 001099C. RBI Empanelment No. is 330938 (Category-I). C&AG Empanelment No. is CR0016. The firm has 13 full-time partners and 9 CA employees. It is headquartered in Kanpur with branch offices in Mumbai, New Delhi, Lucknow, and Anantnag (Jammu & Kashmir).
M/s Dhar Tiku & Co
- Reason for Change: Appointment
- Date & Term: Appointed on 18-09-2026 for FY 2026-27.
- Firm Profile: Established in 1981. The contact person is Ram Krishen Dhar. The firm has 12 partners and 28 employees. It has previously served as the statutory central auditor for J&K Bank for multiple terms: 1991-1994, 1998-2001, 2013-2017, and 2024-2026. It has branch offices in Delhi and Jogbani, Bihar.
M/s Gupta Sharma & Associates
- Reason for Change: Appointment
- Date & Term: Appointed on 18-09-2026 for FY 2026-27.
- Firm Profile: A partnership firm established on 01/06/1979. ICAI Registration No. is 001466N. RBI Unique Code No. is 280170 (Category I). C&AG Empanelment No. is SPJ-099. The firm has 12 partners and 1 paid CA staff. It has 18 years of experience as central statutory auditors for scheduled commercial banks, including 8 years with J&K Bank (2004-2008, 2013-2016, up to 31.03.2026), 6 years with Punjab & Sind Bank, 3 years with UCO Bank, and 1 year with NABARD. Its head office is in Jammu and it has a branch office in Ludhiana, Punjab.