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      Question

      What is the new viability rating (VR) of Union Bank of

      India and Punjab National Bank as per Fitch Ratings?
      A 2 Correct Answer Incorrect Answer
      B 2+ Correct Answer Incorrect Answer
      C bb- Correct Answer Incorrect Answer
      D bb Correct Answer Incorrect Answer
      E 2++ Correct Answer Incorrect Answer

      Solution

      Fitch Ratings upgraded the Viability Ratings of both Union Bank and PNB to β€˜bb-’, indicating improved financial health.

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