PATIALA, February 13: The credit ratings for fixed deposits and certificate of deposits of State Bank of Patiala have been reaffirmed as MAAA and AI plus respectively by the Investment Information and Credit Rating Agency Ltd (ICRA).These credit ratings indicate highest safety and timely repayment of deposits under the above schemes, says a press release issued by the State Bank of Patiala.
The ratings have been reaffirmed on the basis of a various performance parameters of the bank and soundness of its financial indicators, the release said.
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