Punjab National Bank gets revision in credit ratings

Capital Market 

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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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
First Published: Fri, February 23 2018. 19:53 IST

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