PNB Housing Finance said Crisil has downgraded its long-term rating to CRISIL AA/Stable from AA+/Negative. The current downgrade is driven by lower than expected equity raise which will result in the correction in gearing metrics being lower than earlier envisaged.
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Reputation: 649 • Feb 24, 2020 1:57 PM
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NSE:PNB price when posted: 52.85