Punjab National Bank has announced the reappointment of five audit firms as Statutory Central Auditors (SCAs) for the financial year 2025-26, following approval from the Reserve Bank of India. The announcement was made on December 12, 2025, in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.

Reappointed Statutory Central Auditors

The bank has reappointed five established audit firms to continue their roles as SCAs. All firms are designated as "Continuing SCAs" with varying tenure periods.

Audit Firm Profiles and Leadership

Each of the reappointed firms demonstrates significant experience in the auditing sector, with establishment dates ranging from 1977 to 1988. The firms collectively represent a substantial pool of professional expertise with partner counts ranging from 14 to 22.

Key Firm Details

Ummed Jain & Co, Mumbai: Established in 1981, this firm operates with 14 partners and is led by senior partners including Ummed Mal Jain, Pushkar Raj Solanki, and Godika Dinesh. The firm is located at 51, Snehdhara Jeevan Vikas Kendra Marg, Andheri East, Mumbai-400069, Maharashtra.

N.K Bhargava & Co, Delhi: Founded in 1978, the firm has 15 partners with key leadership including Narendra Kumar Bhargava, Rajendra Kumar Gupta, and Salil Gupta. The firm operates from C-31, 1st Floor, Acharya Niketan, Phase I, Mayur Vihar, New Delhi-110091, Delhi.

PSD Associates, Jaipur: Established in 1988, this firm maintains 22 partners with senior leadership comprising Prakash Sharma, Durga Dutt Dadhich, and Som Prakash Mittal. The firm is based at 324, 3rd Floor, Ganpati Plaza, MI Road, Jaipur-302001, Rajasthan.

Prem Gupta & Co, Delhi: Founded in 1977, the firm operates with 16 partners. The senior partners include Prem Behari Gupta, Anil Kumar Gupta, and Naresh Kumar Garg. The firm is located at Plot No-2342, Ashok Nagar, Faiz Road, Karol Bagh, New Delhi-110005, Delhi.

P.A Associates, Odisha: Established in 1980, this firm operates with 15 partners with senior leadership including Prashant Shekhar Panda, Shyam Sunder Poddar, and Kailash Chandra Agarwal. The firm is based at 12 Govind Vihar, Bamikhal, Bhubaneshwar-751010, Odisha.

Regulatory Compliance and Communication

The reappointment notification was formally communicated to both the National Stock Exchange of India Ltd. and BSE Ltd. through official correspondence dated December 12, 2025. The communication was signed by Bikramjit Shom, Company Secretary of Punjab National Bank, ensuring proper regulatory compliance and transparency.

The bank has provided comprehensive profiles of all reappointed auditors, including contact details and partner information, demonstrating commitment to transparency in its corporate governance practices. This reappointment ensures continuity in the bank's statutory auditing processes for the upcoming financial year.

Central Bank of India has announced a strategic partnership with Bandhan Asset Management Company (AMC) to provide comprehensive mutual fund services to its customers. This collaboration marks a significant expansion of the bank's financial product portfolio and demonstrates its commitment to offering diversified investment solutions.

Partnership Details

The tie-up between Central Bank of India and Bandhan AMC will enable the bank to leverage the asset management company's expertise in mutual fund products and investment strategies. Through this partnership, the bank's customers will gain access to a wider range of investment opportunities and professional fund management services.

Strategic Benefits

This collaboration is expected to strengthen Central Bank of India's position in the wealth management and investment advisory space. The partnership will allow the bank to offer its customers professional asset management services while benefiting from Bandhan AMC's market expertise and investment strategies.

The mutual fund services partnership aligns with the banking sector's broader trend of expanding beyond traditional banking services to include comprehensive financial solutions. This move positions Central Bank of India to better compete in the evolving financial services landscape and meet the growing investment needs of its customer base.