India Ratings assigns Punjab & Sind Bank at BBB, outlook Stable
Punjab & Sind Bank (NSE: PSB) said India Ratings has assigned its credit rating at BBB with a stable outlook. The company is valued at about ₹14,872 crore.
What happened
Punjab & Sind Bank (NSE: PSB) informed the stock exchanges on 5 October 2026 at 06:31 PM that India Ratings has assigned its credit rating at BBB with a stable outlook.
Company snapshot
Punjab & Sind Bank is a small-cap company, with a market value of about ₹14,872 crore.
The stock last traded at ₹20.96, against a 52-week range of ₹20.5–₹32.46 (35.4% below the high).
Before this filing the shares had moved −7.2% over the month and −15.5% over three months. Average daily turnover over the last 20 sessions was about ₹1.85 crore.
Promoters held 93.85% at the end of Q1 FY27. Foreign institutions owned 0.14% and domestic institutions 3.81%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 3,379 | 269.2 | 0.38 |
| Q2 FY26 | 3,373 | 294.5 | 0.42 |
| Q3 FY26 | 3,549 | 336.4 | 0.47 |
| Q4 FY26 | 3,457 | 421.8 | 0.59 |
| Q1 FY27 | 3,546 | 331.5 | 0.47 |
What history shows
This is not the company's first credit rating disclosure: BCEIE has 2 earlier filings of this kind on record since May 2026.
Market-wide, 1,207 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.2%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Whether other agencies take a similar view on the company's credit.
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.