GK
BANKING AWARENESS AND SEBI
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Canara Bank
|
|
|
Bank of Baroda
|
|
|
State Bank of India
|
|
|
Punjab National Bank
|
Detailed explanation-1: -The Negative Outlook on the Long-Term IDR mirrors the Outlook on India’s sovereign rating; see Fitch Affirms India at ‘BBB-’; Outlook Negative. PNB’s VR of ‘b’ is one notch below its implied VR, reflecting our view that the bank’s risk profile has a greater impact on the VR than is implied by its weighting.
Detailed explanation-2: -Standard & Poor’s Ratings Services said yesterday it revised its rating outlook on Philippine National Bank (PNB) to positive from stable. “At the same time, we affirmed our ‘B+’ long-term and ‘B’ short-term counterparty credit ratings on the bank.
Detailed explanation-3: -PNB’s Baa3 rating is one notch above its ba1 BCA, reflecting a high likelihood of support from the Philippine government (Baa2 stable) when needed, given the bank’s high systemic importance as reflected by its market share by total assets of 5.6% as of 30 June 2022.