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Entity-Specific Rating Rationales

09 Dec 2024

Punjab National Bank: Ratings reaffirmed

Punjab National Bank: Ratings reaffirmed

12 Dec 2023

Punjab National Bank: [ICRA]AA+ (Stable) assigned to Basel III Tier I bonds; ratings reaffirmed

Punjab National Bank: [ICRA]AA+ (Stable) assigned to Basel III Tier I bonds; ratings reaffirmed

23 Nov 2023

Punjab National Bank: [ICRA]AA+ (Stable) assigned; long-term rating upgraded and outlook revised to Stable

Punjab National Bank: [ICRA]AA+ (Stable) assigned; long-term rating upgraded and outlook revised to Stable

10 Aug 2023

Punjab National Bank: Ratings reaffirmed; outlook revised to Positive from Stable

Punjab National Bank: Ratings reaffirmed; outlook revised to Positive from Stable

22 Nov 2022

Punjab National Bank: Ratings reaffirmed

Punjab National Bank: Ratings reaffirmed

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Entity-Specific Credit Perspective Reports

08 Jan 2025

Punjab National Bank

Punjab National Bank (Non-SF)

18 Sep 2023

Punjab National Bank

Punjab National Bank (Non-SF)

21 Mar 2023

Punjab National Bank

Punjab National Bank (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Basel III Tier II Bonds -- -- [ICRA]AAA(Stable) --
Basel II Lower Tier II Bonds -- -- Withdrawn --
Basel III Tier I Bonds -- -- [ICRA]AA+(Stable) --
Infrastructure Bonds -- -- [ICRA]AAA(Stable) --
Certificates of Deposit [ICRA]A1+ -- -- --
Fixed Deposit -- -- [ICRA]AAA(Stable) --

Our Analysts

Analyst 1

Nikita Garg

Analyst 2

Sachin Sachdeva

Sector Head

Karthik Srinivasan
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