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Punjab & Sind Bank receives reaffirmation in credit ratings

Last Updated : May 21 2021 | 9:17 PM IST

From ICRA Ratings

Punjab & Sind Bank announced that ICRA Ratings has reaffirmed the rating of the Bonds and Certificate of Deposit of the Bank on 21 May 2021 as detailed below:

Basel II Lower Tier II Bonds - ICRA AA-; Negative (reaffirmed)
Basel III Additional Tier I Bonds - ICRA A-(hyb); Negative (reaffirmed)
Certificate of Deposit - ICRA A1+ (reaffirmed)

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