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Punjab National Bank informs about credit rating

14 Oct 2021 Evaluate

Punjab National Bank has informed that India Ratings has vide its rating action 13.10.2021 has assigned 'IND AAA/Stable' rating to Rs 2,000 Crore Tier 2 Bonds (under Basel III) of Punjab National Bank (PNB) while affirming its Long-Term Issuer Rating at 'IND AAA/ Stable', Short-Term Issuer Rating at 'IND A1+' and ratings on existing Basel III Tier 2 Bonds, & Senior Infrastructure Bonds at 'IND AAA/Stable' and Additional Tier 1 Bonds at 'IND AA/Stable'. A copy of the rating action is enclosed as Annexure. The above information is submitted in compliance of Regulation 30 of SEBI (LODR) Regulations, 2015.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
State Bank Of India 952.80
PNB 114.30
Bank Of Baroda 234.55
Canara Bank 119.00
Union Bank Of India 173.00
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