Punjab & Sind Bank — Credit Ratings, 20-03-2026: Credit Rating

ICRA Ratings has reaffirmed Punjab & Sind Bank's Certificates of Deposit rating at [ICRA]A1+. This reflects the bank's robust capital position, bolstered by recent capital raise, and steady improvement in solvency. Factors supporting the rating include strong government backing, a stable deposit base, and adequate liquidity. While asset quality has improved, profitability remains a key area to watch.