RBI bans SR Batliboi for one year from audit of commercial banks

Last updated: 04 June 2019

Enforcement action in respect of statutory auditors of commercial banks RBI vide itsPress Release dated June 29, 2018had put in place an enforcement action framework in respect of statutory auditors for the lapses in the statutory audit of commercial banks. In terms of the aforesaid enforcement action framework, on account of the lapses identified in a statutory audit assignment carried out by the firm, M/s S.R.Batliboi Co. LLP, Chartered Accountants (ICAI Firm Registration Number: 301003E),
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