Moody's affirms PNB's ratings and changes outlook to stable

Moody's Investors Service has vide its credit opinion dated 06.10.2021 revised the Punjab National Bank's (PNB) Rating Outlook from 'Negative' to 'Stable' while affirming the Bank's Long Term Local and Foreign Currency Deposit Ratings at 'Ba1' and its Baseline Credit Assessment (BCA) at 'b1'.

Shares of Punjab National Bank was last trading in BSE at Rs. 39.90 as compared to the previous close of Rs. 41.05. The total number of shares traded during the day was 6088811 in over 12847 trades.

The stock hit an intraday high of Rs. 41.70 and intraday low of 39.75. The net turnover during the day was Rs. 248689217.00.

Source : Equity Bulls

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PunjabNationalBank INE160A01022 PNB Banks RatingUpdate Moodys