Punjab & Sind Bank’s CARE Ratings Upgrade: A Testament to Resilience and Renewal
Aug 31st, 2025 10:36 am | By ThenewsmanofIndia.com | Category: LATEST NEWS
(THE NEWSMAN OF INDIA.COM) Sunday Special
Punjab and Sind Bank (PSB), one of the country’s oldest nationalised banks, has taken a decisive step forward in its journey of financial renewal. CARE Ratings has upgraded the rating of its Tier-II bonds to ‘CARE AA; Stable’, from ‘CARE AA-; Positive’. More than just a technical revision, this upgrade signals growing confidence in the bank’s fundamentals, stability, and future trajectory.
A Reflection of Improved Performance
CARE Ratings has cited two key reasons behind the upward revision—a visible improvement in profitability during FY25 and strengthening asset quality. Supported by effective recoveries and reduced incremental slippages, the bank has managed to tighten its balance sheet while ensuring healthier growth.
Government Backing as a Pillar of Strength
A crucial factor favouring Punjab and Sind Bank is its majority ownership and consistent policy support from the Government of India. Over the years, periodic equity infusions, coupled with profit accretion, have reinforced its capital base, ensuring the bank is well-positioned to manage risks and expand responsibly.

Swarup Kumar Saha
MD & CEO
Punjab and Sind Bank
Regional Strength, National Aspiration
With a deep-rooted presence in northern India, Punjab and Sind Bank enjoys strong regional trust and loyalty. Its established branch network, customer connect, and legacy of service form the backbone of its operations, while new strategies in digitalisation and risk management position it for national relevance in a competitive banking landscape.
More Than a Rating
The CARE Ratings upgrade is not just about creditworthiness—it is a recognition of Punjab and Sind Bank’s renewed resilience, improved operational discipline, and capacity for sustainable growth. For customers, it strengthens trust. For investors, it signals confidence. And for the banking sector, it reaffirms the potential of a nationalised bank steadily reinventing itself for the future.