Statutory auditor of Bank of Baroda resigns

Bank of Baroda has informed the BSE that Khimji Kunverji & Co, one of the Statutory Central Auditors (SCAs) of the bank for FY 2012-13, has resigned on technical grounds of the number of audit assignments handled by them at present.

Consequently, the limited review of the financial statements of the bank for the half-year/ quarter ended September 30, 2012, will be done by the remaining five SCAs: Brahmayya & Co; Ray & Ray; S. K. Mittal & Co; N B S & Co; and Laxminiwas Neeth & Co.