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Punjab & Sind Bank tier II bonds upgraded

August 22, 2025 at 03:29 PM UTCBy FilingReader AI

CARE Ratings upgraded Punjab & Sind Bank's Tier II Bonds to CARE AA; Stable from CARE AA-; Positive, effective August 22, 2025.

The upgrade reflects improved profitability in FY25, with net NPA decreasing to 0.96% and PAT increasing to ₹1,016 crore. Capital adequacy ratio improved to 17.41%.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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