 "IndusInd Bank")
Chartered accountancy firm S R Batliboi & Co has resigned as statutory auditor of the private sector lender IndusInd Bank. IndusInd Bank has appointed Haribhakti & Co as statutory auditor for the financial year 2019-20, subject to approval from the Reserve Bank of India and shareholders.
In June, RBI banned audit firm SR Batliboi & Co, member of global auditing firm EY, for one year from auditing bank books, after the central bank found lapses in the books certified okay by the company. In a filing with BSE, the bank said: “We wish to inform that S R Batliboi &
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