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Punjab National Bank appoints statutory central auditors

03 Jan 2013 Evaluate

Punjab National Bank has informed that the bank has appointed M/s Phillipos & Co., Bangalore, M/s K.N. Gutgutia & Co., Kolkata, M/s CVK & Associates, Mumbai, M/s Ramesh Kapoor & Co., Srinagar, M/s Borkar & Muzumdar, Mumbai, and M/s G.S. Madhava Rao & Co., Hyderabad, chartered accountant firms as statutory central auditors of the bank for the year 2012-13.

Out of the above, the first four firms have been appointed in place of four Statutory Central Auditors, who have retired on completing their term. M/s Borkar & Muzumdar, Mumbai and M/s G.S. Madhava Rao & Co., Hyderabad are the existing firms, who have not completed their tenure.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
State Bank Of India 991.10
PNB 116.60
Bank Of Baroda 234.50
Canara Bank 122.85
Union Bank Of India 177.60
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