Punjab National Bank gets credit rating migrated

11 Jun 2022 , 01:34 AM

ICRA has discontinued the medium-term rating scale which was being used to assign ratings to the fixed deposit programmes of entities Accordingly ICRA has migrated the rating currently outstanding for the Fixed Deposits Programme of Punjab National Bank from the medium-term rating scale to the long-term rating scale Henceforth the Fixed Deposits Programme stands migrated to [ICRA] AA Stable from MAAA Stable