Punjab and Sind Bank Credit Rating

Hello guys would you plz tell me info regarding to Punjab and Sind Bank Credit Rating, as I am thinking to invest my money its share ??

[shikha]

Punjab & Sind Bank is a government-owned bank (79.62%), with headquarters in New Delhi. Of its 1466 branches spread throughout India, 623 branches are in Punjab state.

As you asking I am telling Punjab & Sind Bank has informed the Exchange that M/s ICRA Limited has reviewed and upgraded the rating assigned to outstanding Lower Tier-II Bonds from ''LAA'' (pronounced L double A) to ''LAA+'' (pronounced L double A plus), the high-credit-quality rating assigned by ICRA. The rated instrument carries low credit risk.

Bank profile :

Type Public

Industry Banking

Financial services

Founded 24 June 1908; 108 years ago

Headquarters Rajendra Place New Delhi, India

Key people S.Jatinderbir Singh (CEO&MD.), M.K.Jain (E.D.) , A.K. Jain (E.D.)

Products Finance, FOREX, Retail Banking

Total assets Rs. 97,753.40 crore (31.03.2015)

Rs. 94,509.15 crore (31.03.2014)

Owner Government of India

Number of employees 11000(april 2016)