Punjab National Bank (PNB)
Credit Rating
Credit rating agencies Moody's, Fitch, and CareEdge assigned ratings to Punjab National Bank's USD 1.5 billion Euro Medium Term Note Programme on 17 Sep 2026. Moody's rated Baa3 with stable outlook; Fitch rated BBB- stable; CareEdge rated BBB+ stable and assigned the same issuer rating. Ratings reflect PNB's stable operating environment, government ownership (~70%), systemic importance, improved asset quality, comfortable capitalisation, and moderate profitability. Outlooks are stable, aligned with India's sovereign rating.
Source: Original filing PDF
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🚨 PNB — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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