Punjab National Bank has informed that CRISIL Ratings has vide its rating action dated 22.06.2022 reaffirmed its rating of ‘CRISIL AA+/CRISIL AA/Stable/CRISIL A1+’ ratings on Tier II Bonds (under Basel III) & Lower Tier II Bonds (Under Basel II), Perpetual Tier I Bonds (Under Basel II), Tier I Bonds (Under Basel III), Infrastructure Bonds and Certificate of Deposits. The Bank's proposed new Additional Tier 1 (AT1) Bonds have been assigned ‘CRISIL AA’, with a Stable outlook. This is being submitted in compliance of Regulation 30 and 51 of SEBI (LODR) Regulations, 2015.
The above information is a part of company’s filings submitted to BSE.
