Punjab National Bank Announces Change in Statutory Central Auditors
Punjab National Bank announced a change in its Statutory Central Auditors (SCAs) effective March 25, 2026. The change follows a letter from the Reserve Bank of India (RBI) dated March 25, 2026, reference DOS.ARG.No.59687/08:10:003/2025-26. As a result, M/s P S D & Associates, Chartered Accountants, has ceased to be part of the bank’s SCA team.The following firms will continue to serve as Statutory Central Auditors for Punjab National Bank for the financial year 2025-26:
| Name of the Audit Firm | Tenure as SCA in PNB (year) |
|---|---|
| M/s Ummed Jain & Co., Mumbai (FRN 119250W, UCN 290292) | 3rd |
| M/s N K Bhargava & Co., Delhi (FRN 000429N, UCN 005772) | |
| M/s Prem Gupta & Co., Delhi (FRN 000425N,UCN 101128) | |
| M/s P A & Associates, Odisha (FRN 313085E, UCN 2601 18) |
According to an annexure released by the bank, the reason for the change is the RBI letter dated March 25, 2026. The date of cessation for the outgoing auditor was March 25, 2026.
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