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Punjab National Bank informs about credit rating

24 Jun 2022 Evaluate
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.

Peers
Company Name CMP
State Bank Of India 980.00
PNB 123.90
Bank Of Baroda 241.50
Canara Bank 119.75
Union Bank Of India 186.15
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