ScoutQuest6 Oct 2026
Punjab & Sind Bank533295Credit rating maintained/reaffirmed

India Ratings affirms IND AA/Stable on Punjab & Sind Bank's Rs 3000 crore infrastructure bonds

93.85%Government of India stake
Government of India stake: 93.85%.
Rating Action
IND AA/Stable reaffirmed
Instrument Rated
Rs 3000 crore infrastructure bonds
GoI Stake
93.85%
Agency
India Ratings
Action
Reaffirmed

India Ratings affirms IND AA/Stable on Punjab & Sind Bank's Rs 3000 crore infrastructure bonds.

IND AAReaffirmed · India Ratings
Reaffirmed by India Ratings · IND AA · outlook Stable.
Earlier historical rating date
Bond date of issuance
Previous rating date
Press release date
Bond maturity date
Earlier historical rating date 23 Oct 2024 · Bond date of issuance 20 Dec 2024 · Previous rating date 7 Oct 2025 · Press release date 6 Oct 2026 · Bond maturity date 20 Dec 2034
More numbers
  • Infrastructure Bonds ratedRs 3000 crore
  • Size of issue / rated limits (INR million)30,000 (INR million)
  • Coupon rate on infrastructure bonds7.74
  • Government of India stake93.85%
  • CET-1 ratio 1QFY2716.56%
  • Capital adequacy ratio 1QFY2717.61%
  • Return on assets FY260.79%
  • CASA deposit ratio 1QFY2730.05%
Source: BSE · 6 Oct 2026

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