Pubjab National Bank receives affirmation in credit ratings

Pubjab National Bank has received affirmation in credit ratings from India Ratings and Research as under:

Long term / short term issuer rating - IND AAA/ Stable / IND A1+
AT1 bonds - IND AAA+/ Stable
Fixed deposits - IND AAA/ Stable
Certificate of deposits (CDs) - IND A1+
Basel III Tier 2 bonds - IND AAA/ Stable
AT1 bonds - IND AA+/ Stable
Senior Infrastructure bonds - IND AAA/ Stable

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