Punjab National Bank — Credit Ratings, 12-12-2025: Credit Rating

CRISIL Ratings has reaffirmed Punjab National Bank's ratings. Tier I Bonds are rated CRISIL AA+/Stable, while Tier II and Infrastructure Bonds are rated CRISIL AAA/Stable. Certificate of Deposits maintain CRISIL A1+. This reflects strong government backing, PNB's established market position, adequate capital, and robust deposit base, alongside improving asset quality and profitability.