Fitch Affirms Union Bank & PNB Rating at ‘BBB-’ | Stable Outlook for Public Banks
Fitch Ratings, a globally recognized credit rating agency, has reaffirmed the ratings of Union Bank of India and Punjab National Bank (PNB) at ‘BBB-’ with a Stable Outlook. This rating reflects the banks’ financial stability, strong government backing, and their role in the Indian banking sector. Significance of Fitch Ratings Fitch Ratings evaluates financial institutions…
