Bank of Maharashtra — Others, 13-11-2024: Change in Auditors

Bank of Maharashtra has appointed four Chartered Accountant firms as Statutory Central Auditors (SCAs) for the financial year 2024-25, with three continuing from the prior year and one new addition, M/s. Manubhai & Shah LLP. This strategic move aligns with the Reserve Bank of India's approval and underscores the bank's commitment to maintaining robust audit practices. The established firms bring extensive experience in audit and assurance services, which is expected to enhance the bank’s operational integrity and financial oversight. This announcement could foster a positive outlook among investors, reflecting the bank's emphasis on sound governance and compliance.