Logo


Punjab National Bank receives upgrade in credit ratings

From India Ratings and Research

Punjab National Bank has received upgrade in credit ratings from India Ratings and Research as follows -

Basel III Tier 2 Bonds (Rs 9500 crore) - IND AAA/ Stable (Upgrade from IND AA+; off Rating Watch Evolving)

Additional Tier I Bonds (Rs 6750 crore) - IND AA/ Stable (Upgrade from IND A; off Rating Watch Evolving)

Senior Infrastructure Bonds (Rs 2000 crore) - IND AAA/ Stable (Upgrade from IND AA+; off Rating Watch Evolving)

Powered by Capital Market - Live News