Moodys Investors Service - Punjab National Bank (PNB) Punjab National Bank: Update following rating action

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Moody's Investors Service

EUR 220.94 For Business Accounts Only

Punjab National Bank: Update following rating action

FINANCIAL INSTITUTIONS CREDIT OPINION 21 August 2017 Update RATINGS Punjab National Bank Domicile India Long Term Debt Not Assigned Long Term Deposit Baa3 Type LT Bank Deposits - Fgn Curr Outlook Stable Please see theÂ ratings section Â at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts

21/08/2017 9 EN

Underlying

Punjab National Bank

Punjab National Bank is a commercial banking group based in India. Co. is engaged in offering its customers personal, social, agricultural, international and corporate banking services. Co. specialized in offering commercial banking, retail banking, SME banking, rural banking, transaction banking, merchant banking, financial inclusion, credit syndication, treasury, internet & mobile banking services. Co. maintains over 6,300 branches and 7,900 ATMs across 764 cities. Co. has a banking subsidiary in the U.K., as well as branches in Hong Kong, Dubai and Kabul. Co. maintains representative offices in Almaty (Kazakhstan), Dubai, Shanghai (China), Oslo (Norway) and Sydney (Australia).

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INE160A01022 National Stock Exchange of India India

Provider

Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

130 countries
11,000 corporate issuers
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76,000 structured finance obligations

Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.

Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions.

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TheScreener

PUNJAB NATIONAL BANK sees an upgrade to Slightly Positive due to a better fundamental star rating

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Independent Investment Research

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