any updates about the appointment of SBA after completion of 4 years audit period (2022). No news about new panel. IV Category. 25 years continues SBA experience.
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SBA Appointment
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Summary: You have completed the maximum 4-year tenure and are currently serving a mandatory cooling-off period (typically 4 years). You are not eligible for re-appointment at the same bank until this period concludes. Please refer to the specific "Policy for Engagement of Statutory Branch Auditors" hosted on the bank's website for the exact duration of the cooling-off period applicable to their current board-approved guidelines.
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