Punjab National Bank receives ratings action from India Ratings

Punjab National Bank has received credit ratings from India Ratings and Research as under:

Long Term Issuer Rating - IND AAA/Stable (Affirmed)
Additional Tier (AT1) Bonds - IND AA+/Stable (Affirmed)
Fixed Deposits - IND AAA/Stable (Affirmed)
Basel Ill Tier II Bonds - IND AAA/Stable (Affirmed)
Senior Infrastructure Bonds - IND AAA/Stable (Affirmed)
Senior Infrastructure Bonds - IND AAA/Stable (Assigned)
Certificate of Deposit (CDs) - IND A1+ (Affirmed)