RBI has published the list of audit firms that have been approved for appointment as Statutory Central Auditors (SCAs) and Statutory Auditors (SAs) for Private Sector Banks, Foreign Banks, Small Finance Banks, Payments Banks, and Local Area Banks for the financial year 2023-24.
RBI Approved List of Audit Firms for Private Banks for FY 2023-24 (dated 12/03/2024)
Audit Firms Approved by RBI for Private Sector Banks, Foreign Banks, Small Finance Banks, Payments Banks, and Local Area Banks (FY 2023-24)
| SI. No. | Name of the bank | Names of Chartered Accountant/ audit firms approved for appointment as SCAs/SAs for FY 2023-24 | Term in FY 2023-24 (in years) |
| 1. | Axis Bank Ltd | M P Chitale & Co. (FRN 101851W) | 3rd |
| C N K & Associates LLP (FRN 101961W / W100036) | 3rd | ||
| 2. | Bandhan Bank Ltd | M M Nissim & Co. LLP (FRN 107122W / W100672) | 3rd |
| Singhi & Co. (FRN 302049E) | 2nd | ||
| 3. | City Union Bank Ltd | Jagannathan & Sarabeswaran (FRN 001204S) | 3rd |
| K Gopal Rao & Co. (FRN 000956S) | 3rd | ||
| 4. | CSB Bank Ltd | Mukund M Chitale & Co. (FRN 106655W) | 3rd |
| Walker Chandiok & Co. LLP (FRN 001076N / N500013) | 1st | ||
| 5. | DCB Bank Ltd | Sundaram and Srinivasan (FRN 004207S) | 3rd |
| B S R & Co. LLP (FRN 101248W / W100022) | 1st | ||
| 6. | Dhanlaxmi Bank Ltd | Krishnamoorthy & Krishnamoorthy (FRN 001488S) | 3rd |
| Sagar & Associates (FRN 003510S) | 1st | ||
| 7. | Federal Bank Ltd | Suri & Co. (FRN 004283S) | 1st |
| M S K A & Associates (FRN 105047W) | 1st | ||
| 8. | HDFC Bank Ltd | M M Nissim & Co. LLP (FRN 107122W / W100672) | 3rd |
| Price Waterhouse LLP (FRN 301112E / E300264) | 2nd | ||
| 9. | ICICI Bank Ltd | M S K A & Associates (FRN 105047W) | 3rd |
| K K C & Associates LLP (FRN 105146W / W100621) | 3rd | ||
| 10. | IDBI Bank Ltd | Varma & Varma (FRN 004532S) | 3rd |
| G D Apte & Co. (FRN 100515W) | 3rd | ||
| 11. | IDFC FIRST Bank Ltd | M S K A & Associates (105047W) | 3rd |
| Kalyaniwalla & Mistry LLP (104607W / W100166) | 2nd | ||
| 12. | IndusInd Bank Ltd | M P Chitale & Co. (FRN 101851W) | 3rd |
| M S K A & Associates (FRN 105047W) | 2nd | ||
| 13. | Jammu and Kashmir Bank Ltd | Lunawat & Co. (FRN 000629N) | 1st |
| Gupta Gupta & Associates LLP (FRN 001728N / N500321) | 1st | ||
| J C R & Co. (FRN 105270W) | 1st | ||
| 14. | Karnataka Bank Ltd | Sundaram & Srinivasan (FRN 004207S) | 3rd |
| Kalyaniwalla & Mistry LLP (FRN 104607W / W100166) | 3rd | ||
| Ravi Rajan & Co. LLP (FRN 009073N / N500320) | 1st | ||
| 15. | Karur Vysya Bank Ltd | R G N Price & Co. (FRN 002785S) | 3rd |
| Sundaram & Srinivasan (FRN 004207S) | 3rd | ||
| 16. | Kotak Mahindra Bank Ltd. | Price Waterhouse LLP (FRN 301112E / E300264) | 3rd |
| K K C & Associates LLP (FRN 105146W / W100621) | 2nd | ||
| 17. | Nainital Bank Ltd | A R & Co. (FRN 002744C) | 1st |
| 18. | RBL Bank Ltd | C N K & Associates LLP (FRN 101961W / W100036) | 3rd |
| G M Kapadia & Co. (FRN 104767W) | 2nd | ||
| 19. | South Indian Bank Ltd | C N K & Associates LLP (FRN 101961W / W100036) | 3rd |
| K Venkatachalam Aiyer & Co. (FRN 004610S) | 2nd | ||
| 20. | Tamilnad Mercantile Bank Ltd | Suri & Co. (FRN 004283S) | 3rd |
| Abarna & Ananthan (FRN 000003S) | 3rd | ||
| 21. | Yes Bank Ltd | Chokshi & Chokshi LLP (FRN 101872W / W100045) | 3rd |
| G M Kapadia & Co. (FRN 104767W) | 1st | ||
| 22. | AU Small Finance Bank Ltd | Deloitte Haskins & Sells (FRN 117365W) | 3rd |
| G M Kapadia & Co. (FRN 104767W) | 3rd | ||
| 23. | Capital Small Finance Bank Ltd | S C V & Co. LLP (FRN 000235N / N500089) | 1st |
| 24. | ESAF Small Finance Bank Ltd | M/s. Abarna & Ananthan (FRN 000003S) | 2nd |
| Kirtane & Pandit LLP (FRN 105215W / W100057) | 1st | ||
| 25. | Equitas Small Finance Bank Ltd | Varma & Varma (FRN 004532S) | 3rd |
| A S A & Associates LLP (FRN 009571N / N500006) | 1st | ||
| 26. | Fincare Small Finance Bank Ltd | S R Batliboi & Associates LLP (FRN 101049W / E300004) | 3rd |
| 27. | Jana Small Finance Bank Ltd | Brahmayya & Co. (FRN 000515S) | 3rd |
| M M Nissim & Co. LLP (FRN 107122W / W100672) | 3rd | ||
| 28. | North East Small Finance Bank Ltd | Chaturvedi & Co. (FRN 302137E) | 1st |
| 29. | Shivalik Small Finance Bank Ltd | S N Dhawan & Co. LLP (FRN 000050N / N500045) | 3rd |
| 30. | Suryoday Small Finance Bank Ltd | Walker Chandiok & Co. LLP (FRN 001076N / N500013) | 3rd |
| 31. | Ujjivan Small Finance Bank | Mukund M Chitale & Co. (FRN 106655W) | 3rd |
| B K Ramadhyani & Co. LLP (FRN 002878S / S200021) | 3rd | ||
| 32. | Unity Small Finance Bank Ltd | V Sankar Aiyar & Co. (FRN 109208W) | 3rd |
| 33. | Utkarsh Small Finance Bank Ltd | Deloitte Haskins & Sells (FRN 117365W) | 2nd |
| Kirtane & Pandit LLP (FRN 105215W / 100057W) | 2nd | ||
| 34. | Airtel Payments Bank Ltd | M P Chitale & Co. (FRN 101851W) | 3rd |
| 35. | Fino Payments Bank Ltd | A P Sanzgiri & Co. (FRN 116293W) | 2nd |
| 36. | India Post Payments Bank Ltd | J C Bhalla & Co. (FRN 001111N) | 1st |
| 37. | Jio Payments Bank Ltd | K S Aiyar & Co. (FRN 100186W) | 3rd |
| 38. | NSDL Payments Bank Ltd | V Sankar Aiyar & Co. (FRN 109208W) | 3rd |
| 39. | Paytm Payments Bank Ltd | J C Bhalla & Co. (FRN 001111N) | 3rd |
| 40. | Coastal Local Area Bank Ltd. | Sriramamurthy & Co. (FRN 003032S) | 1st |
| 41. | Krishna Bhima Samruddhi Local Area Bank | A S K & Co. (FRN 013735S) | 3rd |
| 42. | Subhadra Local Area Bank Ltd | Ajay Shobha & Co. (FRN 317031E) | 3rd |
| 43. | AB Bank Ltd | Jain Ashwini & Co. (FRN 002914C) | 3rd |
| 44. | American Express Banking Corporation | S C V & Co. LLP (FRN 000235N / N500089) | 3rd |
| 45. | Australia and New Zealand Banking Group Ltd | M M Nissim & Co., LLP (FRN 107122W / W100672) | 3rd |
| Chhajed & Doshi (FRN 101794W) | 1st | ||
| 46. | Barclays Bank Plc | A P Sanzgiri & Co. (FRN 116293W) | 3rd |
| Chokshi & Chokshi LLP (FRN 101872W / W100045) | 2nd | ||
| 47. | Bank of America N.A. | Walker Chandiok & Co. LLP (FRN 001076N / N500013) | 3rd |
| K K C & Associates LLP (FRN 105146W / W100621) | 3rd | ||
| 48. | Bank of Bahrain & Kuwait BSC | Raju & Prasad (FRN 003475S) | 2nd |
| 49. | Bank of Ceylon | Jagannathan & Sarabeswaran (FRN 001204S) | 3rd |
| 50. | Bank of China | Shah Gupta & Co. (FRN 109574W) | 3rd |
| 51. | The Bank of Nova Scotia | Bilimoria Mehta & Co. (FRN 101490W) | 2nd |
| 52. | BNP Paribas | Price Waterhouse LLP (FRN 301112E / E300264) | 3rd |
| Borkar & Muzumdar (FRN 101569W) | 3rd | ||
| 53. | Citibank N.A. | K K C & Associates LLP (FRN 105146W / W100621) | 3rd |
| C N K & Associates LLP (FRN 101961W / W100036) | 3rd | ||
| 54. | Cooperatieve Rabobank U.A. | A. P. Sanzgiri & Co. (FRN 116293W) | 2nd |
| 55. | Credit Agricole Corporate & Investment Bank | Nangia & Co. LLP (FRN 002391C / N500069) | 2nd |
| Yardi Prabhu & Associates, LLP (FRN 111727W / W100101) | 1st | ||
| 56. | Credit Suisse A.G. | Singhi & Co. (FRN 302049E) | 3rd |
| R Devendra Kumar & Associates (FRN 114207W) | 3rd | ||
| 57. | CTBC Bank Co. Ltd | S N Nanda & Co. (FRN 000685N) | 2nd |
| 58. | DBS Bank India Ltd | Price Waterhouse LLP (FRN 301112E / E300264) | 3rd |
| Walker Chandiok & Co. LLP (FRN 001076N / N500013) | 1st | ||
| 59. | Deutsche Bank A G | Batliboi & Purohit (FRN 101048W) | 3rd |
| Mukund M Chitale & Co. (FRN 106655W) | 1st | ||
| 60. | Doha Bank Q.P.S.C | S N Nanda & Co. (FRN 000685N) | 1st |
| 61. | Emirates NBD Bank PJSC | A P Sanzgiri & Co. (FRN 116293W) | 3rd |
| 62. | First Abu Dhabi Bank PJSC | Bilimoria Mehta & Co. (FRN 101490W) | 3rd |
| 63. | FirstRand Bank Ltd. | Bilimoria Mehta & Co. (FRN 101490W) | 3rd |
| 64. | The Hongkong and Shanghai Banking Corporation Ltd. (HSBC) | Kalyaniwalla & Mistry LLP (FRN 104607W / W100166) | 3rd |
| K S Aiyar & Co. (FRN 100186W) | 3rd | ||
| 65. | Industrial and Commercial Bank of China Ltd. | Shah Gupta & Co. (FRN 109574W) | 3rd |
| 66. | Industrial Bank of Korea | Singhal Matta & Co. (FRN 001288N) | 2nd |
| 67. | J P Morgan Chase Bank N.A. | Kalyaniwalla & Mistry LLP (FRN 104607W / W100166) | 3rd |
| G M Kapadia & Co. (FRN 104767W) | 3rd | ||
| 68. | JSC VTB Bank | Dhawan & Co. (FRN 002864N) | 1st |
| 69. | KEB Hana Bank | A John Moris & Co. (FRN 007220S) | 3rd |
| 70. | KB Kookmin Bank | Jain Chopra & Co. (FRN 002198N) | 3rd |
| 71. | Krung Thai Bank Public Co. Ltd. | Mahavir & Sanjay (FRN 116466W) | 3rd |
| 72. | Mashreq Bank P S C | Tibrewal Chand & Company (FRN 311047E) | 3rd |
| 73. | Mizuho Bank Ltd. | V Sankar Aiyar & Co. (FRN 109208W) | 3rd |
| Chhajed & Doshi (FRN 101794W) | 2nd | ||
| 74. | MUFG Bank Ltd | S K Mehta & Co. (FRN 000478N) | 3rd |
| S K Patodia & Associates (FRN 112723W) | 1st | ||
| 75. | NatWest Markets Plc | Borkar & Muzumdar (FRN 101569W) | 1st |
| 76. | NongHyup Bank | J N Gupta & Co. LLP. Chartered Accountants (FRN 006569C / W100892) | 1st |
| 77. | PT Bank Maybank Indonesia TBK | V C Shah & Co. (FRN 109818W) | 3rd |
| 78. | Qatar National Bank (Q.P.S.C.) | Chokshi & Chokshi LLP (FRN 101872W / W100045) | 3rd |
| 79. | SBERBANK | T. P. Ostwal & Associates LLP (FRN 124444W / W100150) | 2nd |
| 80. | SBM Bank (India) Ltd. | K S Aiyar & Co. (FRN 100186W) | 3rd |
| 81. | Shinhan Bank Ltd | S K Patodia & Associates (FRN 112723W) | 3rd |
| 82. | Societe Generale | V C Shah & Co. (FRN 109818W) | 3rd |
| 83. | Sonali Bank Ltd | Kedia Singhania & Co. (FRN 126519W) | 3rd |
| 84. | Standard Chartered Bank | K S Aiyar & Co. (FRN 100186W) | 1st |
| Borkar & Muzumdar (FRN 101569W) | 1st | ||
| 85. | Sumitomo Mitsui Banking Corporation | Agarwal & Dhandhania (FRN 125756W) | 3rd |
| Borkar & Muzumdar (FRN 101569W) | 1st | ||
| 86. | United Overseas Bank Ltd | Bilimoria Mehta & Co. (FRN 101490W) | 3rd |
| 87. | Woori Bank | Yardi Prabhu & Associates LLP (FRN 111727W / W100101) | 3rd |
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