India Ratings Upgrades Punjab National Bank's AT1 Bonds to 'IND AA+'/Stable, affirms other Ratings

India Ratings vide its rating action 16.11.2021 has upgraded the rating on Basel III AT1 Bonds from 'IND AA/Stable' to 'IND AA+/Stable' while affirming its Long-Term Issuer Rating at 'IND AAA/ Stable', Short-Term Issuer Rating at 'IND A1+' and ratings on Basel III Tier 2 Bonds & Senior Infrastructure Bonds at 'IND AAA / Stable'.

Shares of Punjab National Bank was last trading in BSE at Rs. 41.15 as compared to the previous close of Rs. 41.65. The total number of shares traded during the day was 3615977 in over 8793 trades.

The stock hit an intraday high of Rs. 41.85 and intraday low of 41.00. The net turnover during the day was Rs. 149757611.00.

Source : Equity Bulls

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PunjabNationalBank INE160A01022 PNB RatingUpgrade