Rating agency Moody's has upgraded the long-term local and foreign currency deposit ratings of how many public sector banks from "Ba1" to "Baa3", reflecting improving credit profile and macro economic conditions?

Solution

Rating agency Moody's has upgraded the long-term local and foreign currency deposit ratings of Bank of Baroda (BOB), Canara Bank, and Punjab National Bank (PNB) from "Ba1" to "Baa3", reflecting improving credit profile and macro economic conditions. Learn Along: Moody’s Investor Service        Headquarters: New York,US                          CEO: Robert Fauber Bank of Baroda                 Headquarters: Vadodara                MD & CEO:Sanjiv Chadha Canara Bank Headquarters: Bengaluru              Executive Director: K Satyanarayana Raju PNB Headquarters:  New Delhi                   MD & CEO: Atul Kumar Goel