Punjab & Sind Bank receives revision in credit ratings from ICRA

Punjab & Sind Bank announced that ICRA has upgraded the Rating of Additional Tier I Bonds of Rs.1000 crore from ICRA A- (Negative) to ICRA A (Stable) and has reaffirmed the rating of the Certificate of Deposits at ICRA Al+. The Rating of the Additional Tier I Bonds has also been withdrawn as these Bonds have been redeemed.

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