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An announcement from Punjab National Bank ( (IN:PNB) ) is now available.
Punjab National Bank has announced a change in its Statutory Central Auditors for the financial year 2025-26, following a directive from the Reserve Bank of India. M/s P S D & Associates, Chartered Accountants, has ceased to be part of the bank’s Statutory Central Auditor team with immediate effect, as per an RBI communication dated 25 March 2026.
The bank confirmed that four existing firms, Ummed Jain & Co., N K Bhargava & Co., Prem Gupta & Co., and P A & Associates, will continue as Statutory Central Auditors for 2025-26. The disclosure, made under SEBI’s listing regulations, underscores ongoing regulatory oversight of auditor appointments at major public sector banks, with potential implications for audit continuity and governance transparency for investors and regulators.
More about Punjab National Bank
Punjab National Bank is one of India’s largest public sector banks, providing a wide range of retail and corporate banking services across the country. Listed on Indian stock exchanges, it plays a significant role in the national financial system and is closely regulated by the Reserve Bank of India under standard banking and disclosure norms.
Average Trading Volume: 985,345
Technical Sentiment Signal: Hold
Current Market Cap: 1232.6B INR
Learn more about PNB stock on TipRanks’ Stock Analysis page.