Question
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
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