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Punjab National Bank’s Credit Ratings Reaffirmed by CARE Ratings

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Punjab National Bank’s Credit Ratings Reaffirmed by CARE Ratings

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Punjab National Bank ( (IN:PNB) ) just unveiled an announcement.

Punjab National Bank announced that CARE Ratings Ltd. has reaffirmed its credit ratings for various financial instruments, maintaining stable outlooks for its infrastructure bonds, Basel III Tier I and Tier II bonds, and certificates of deposit. This reaffirmation reflects the bank’s strong financial position and stability, ensuring confidence among stakeholders and reinforcing its market position.

More about Punjab National Bank

Punjab National Bank is a prominent financial institution in India, operating in the banking industry. It offers a wide range of financial services including infrastructure bonds, Basel III Tier I and Tier II bonds, and certificates of deposit, focusing on providing stable and reliable banking solutions.

Average Trading Volume: 1,109,449

Technical Sentiment Signal: Buy

Current Market Cap: 1398.7B INR

For an in-depth examination of PNB stock, go to TipRanks’ Overview page.

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