Our credit view of this issuer reflects its status as a strong funding franchise and good liquidity, constrained by its single-name borrower concentration risk.
Our credit view of Punjab National Bank reflects its good funding and liquidity, and very high probability of receiving government support in times of need.
Our credit view of State Bank of India reflects its modest asset quality, and its strong funding and liquidity, supported by its dominant domestic position and government link.
Our credit view of this issuer reflects its good funding and liquidity and its high probability of support from the Indian government in times of stress.