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PNB rating News

Moody's Investors Service

21 May 2018

Moody's downgrades PNB, cites negative impact of fraud on capital

The agency downgraded PNB's foreign currency issuer rating by a notch to 'ba1', which is non-investment grade, from 'Baa3'- meaning below investment grade.

10 Apr 2018

Fitch downgrades PNB's viability rating to BB-

According to a statement from the credit ratings agency, PNB`s other ratings are unaffected by this downgrade.

20 Feb 2018

Moody's places PNB under review for downgrade

The bank overall has a Baa2 rating with a stable outlook now from Moody's.

07 Apr 2016

Crisil revises outlook for PNB bonds to 'negative'

Crisil Ratings has revised outlook for public lender Punjab National Bank's various bond programmes aggregating Rs 19,223 crore to 'negative'.

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