Fitch Ratings has assigned Punjab & Sind Bank (PSB) a Long-Term Issuer Default Rating (IDR) of 'BBB- ' with a Stable Outlook, and Short-Term IDR of 'F3'. Fitch has also assigned PSB a Government Support Rating (GSR) of 'bbb- ' and a Viability Rating (VR) of 'bb'. A full list of rating actions is below:
| Type of Rating |
Rating Assigned |
Rating Action |
|
LT IDR |
BBB- Rating outlook Stable |
New Rating |
| ST IDR |
F3 |
New Rating |
| Viability |
bb |
New Rating |
| Government Support |
bbb- |
New Rating |
| LT IDR (xgs) |
BB (xgs) |
New Rating |
| ST IDR (xgs) |
B (xgs) |
New Rating | |