Punjab National Bank receives ratings action from India Ratings

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)
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