ScoutQuest5 Oct 2026
Punjab & Sind Bank533295New rating assigned

Fitch assigns Punjab & Sind Bank first-time BBB-/Stable LT IDR and F3 ST IDR

94%Government of India ownership of PSB
Government of India ownership of PSB: 94%.
LT IDR
BBB-/Stable
ST IDR
F3
Government Support Rating
bbb-
Viability Rating
bb
State Ownership
94%

Fitch assigns Punjab & Sind Bank first-time BBB-/Stable LT IDR and F3 ST IDR.

18.1%Loan growth in
CET1 ratio in15.9%
Impaired-loan ratio in2.2%
Loan growth in 18.1%: CET1 ratio in 15.9%, Impaired-loan ratio in 2.2%.
BBB-Assigned · Fitch Ratings
Assigned by Fitch Ratings · BBB- · outlook Stable.
Date of relevant committee
Rating action commentary
Date of relevant committee 29 Sep 2026 · Rating action commentary 5 Oct 2026
More numbers
  • Government of India ownership of PSB94%
  • PSB share of system loans and deposits0.5%
  • Number of branches1,650
  • RAM loans as share of total loans at FYE2659%
  • Loan growth in FY2618.1%
  • Impaired-loan ratio in FY262.2%
  • Early bucket delinquencies of total loans at end-June 20260.3%
  • Operating profit/RWA ratio in FY262.1%
  • Cost/income ratio in FY2661%
  • CET1 ratio in FY2615.9%
  • Loan/deposit ratio in FY2682%
  • Liquidity coverage ratio in FY26130%
Source: BSE · 5 Oct 2026

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