PUNJAB & SIND BANK - 533295 - Announcement under Regulation 30 (LODR)-Credit Rating
We hereby inform that CRISIL has reaffirmed the rating of the Tier II Bonds of our Bank today as detailed below: Rs 500 crore Tier II bonds (under Basel III) CRISIL AA/Negative (reaffirmed) Rs 500 crore Tier II bonds (under Basel III) CRISIL AA/ Negative (reaffirmed) Lower Tier-II Bonds aggregating Rs 200 crore (under Basel II) CRISIL AA/ Negative (reaffirmed) Further, CRISIL has also withdrawn its rating on Lower Tier II bonds aggregating to Rs 200 crore on account of redemption. Please refer the rating rationale available on the website of CRISIL for further details. We request you to take note of the above pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.31-08-2021