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Punjab National Bank gets revision in credit ratings

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Capital Market
Last Updated : Feb 23 2018 | 8:16 PM IST

From India Ratings

Punjab National Bank has received revision in rating from India Ratings as under -

Basel III Compliant Tier II Bonds (Rs 3000 crore) - IND AA/ Rating Watch Negative (Revised from IND AAA/ Stable)

Senior Infrastructure Bonds (Rs 2000 crore) - IND AAA/ Rating Watch Negative (Revised from IND AAA/ Stable)

Basel III Compliant Perpetual Tier I Bonds (Rs 750 crore) - IND AA+/ Rating Watch Negative (Revised from IND AA+/ Negative)

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First Published: Feb 23 2018 | 7:53 PM IST

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