CSB Bank appoints M P Chitale & Co as joint auditor for FY27

CSB Bank Limited has received Reserve Bank of India (RBI) approval to appoint M P Chitale & Co and Sundaram & Srinivasan as Joint Statutory Auditors for the financial year 2026-27. The central bank conveyed its approval via a letter dated May 26, 2026, authorizing the appointments in accordance with RBI guidelines. M P Chitale & Co will replace Walker Chandiok & Co. LLP, whose term concludes at the end of the upcoming Annual General Meeting. Sundaram & Srinivasan, currently in their second year, will serve their third year in office.

The appointment of M P Chitale & Co is contingent upon shareholder ratification at the ensuing Annual General Meeting. Shareholders had previously approved the appointment of Sundaram & Srinivasan for a three-year term spanning the financial years 2024-25 to 2026-27 during the Annual General Meeting held on August 23, 2024.

M P Chitale & Co, registered with the Institute of Chartered Accountants of India (ICAI) since 1956, offers audit and assurance, taxation, and risk consultancy services. The firm operates from offices in Mumbai and Pune and is empaneled with regulatory bodies including the RBI, ICAI, and IRDAI. Its clientele includes private, public, and joint sector corporates, with specific experience in the Banking, Financial Services, and Insurance (BFSI) sector.

Auditor Details

Auditor	Firm Registration Number	Term Status
M P Chitale & Co	101851W	New Appointment (Subject to AGM approval)
Sundaram & Srinivasan	004207S	Third Year in Office
Walker Chandiok & Co. LLP	-	Term ends at ensuing AGM

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.63%	+2.89%	-3.29%	-12.70%	+1.15%	+14.20%

csb bank participated in an analyst and institutional investor meeting with Tata Mutual Fund on May 22, 2026. The meeting was conducted in accordance with Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details

The interaction was a one-on-one meeting held in Mumbai. The primary purpose of the session was to engage with the institutional investor regarding the bank's operations and performance.

Disclosure of Information

During the meeting, the bank strictly adhered to regulatory guidelines regarding information sharing. CSB Bank confirmed that no unpublished price sensitive information (UPSI) was shared with Tata Mutual Fund during the course of the discussion.