Karnataka Bank appoints new joint statutory auditors

Karnataka Bank announced the appointment of M/s. Ravi Rajan & Co. LLP and M/s. R.G.N. Price & Co. as joint statutory auditors, in compliance with SEBI (LODR) Regulations, 2015. This appointment, approved by shareholders at the 101st Annual General Meeting on September 23, 2025, and sanctioned by the Reserve Bank of India on July 18, 2025, will see M/s. Ravi Rajan & Co. LLP serve until the conclusion of the 102nd AGM, while M/s. R.G.N. Price & Co. will serve until the 103rd AGM.

M/s. Ravi Rajan & Co. LLP, established in 1989, is a New Delhi-headquartered firm with approximately 200 professionals. M/s. R.G.N. Price & Co., a Chennai-based firm with over 75 years of experience, specializes in audit, assurance, and management consultancy, operating through multiple branches across India.

The bank also disclosed the e-voting results for its 101st Annual General Meeting held on September 23, 2025. All resolutions, including the adoption of financial statements, dividend declaration, director appointments, and the appointment of joint statutory auditors and the re-appointment of Mrs. Uma Shankar as a non-executive, independent director, were passed with requisite majority.