PNB Gilts: CRISIL Affirms A1+ Rating on ₹2,100 Crore Short-Term Loan Facility
PNB Gilts Limited has provided an update regarding the credit rating for its short-term bank loan facilities. Previously, on November 28, 2025, CRISIL Ratings Limited had assigned a rating of CRISIL A...
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Why is PNB Gilts Limited in the news today?
PNB Gilts Limited (PNBGILTS) is in the news due to the announcement is an update on a previously assigned credit rating. while the rating itself is positive (a1+), the revision is primarily administrative, clarifying bank name and facility type without changing the core rating or financial implications. therefore, the sentiment is neutral.
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PNB Gilts: CRISIL Affirms A1+ Rating on ₹2,100 Crore Short-Term Loan Facility
December 17, 2025, 04:47 AM
PNB Gilts Limited has provided an update regarding the credit rating for its short-term bank loan facilities. Previously, on November 28, 2025, CRISIL Ratings Limited had assigned a rating of CRISIL A1+ to the company's proposed bank loan facility(ies) aggregating to ₹2,100 crore.
CRISIL Ratings Limited, through a letter dated December 15, 2025, received by the company on December 16, 2025, has revised its earlier communication. This revision, made at the request of ICICI Bank Limited, clarifies the bank's name and updates the facility type from 'Proposed Short Term Bank Loan Facility' to 'Short Term Loan'. It is important to note that there has been no change in the assigned rating or the facility amount. All other terms and conditions remain the same.
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