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Pubjab National Bank receives affirmation in credit ratings

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Capital Market
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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First Published: Feb 17 2023 | 5:19 PM IST

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