Indusind Bank has informed that S.R. Batliboi & Co. LLP, Chartered Accountants, (ICAI Firm Registration number: 301003E / E300005), have tendered their resignation as Statutory Auditors of the Bank with effect from July 10, 2019. Reason for resignation: The Reserve Bank of India vide their Press Release dated June 3, 2019, in terms of their Enforcement Action Framework had decided not to approve S. R. Batliboi & Co. LLP, Chartered Accountants, for carrying out Statutory Audit assignments in commercial banks starting from April 1, 2019. A copy of this intimation is also available on the Banks website at www.indusind.com.
The above information is a part of company’s filings submitted to BSE.