Corporate News 06-Jul-20
PNB Housing Finance receives downgrade in credit ratings from CARE
PNB Housing Finance announced that CARE has downgraded the credit rating of Bank Borrowings, NCDs and Fixed Deposits to ‘CARE AA' (Outlook Stable) from ‘CARE AA+' (Outlook Negative).
The rating agency has revised the Outlook from ‘Negative' to ‘Stable'.
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