Shares of Brigade Enterprises (BEL) rallied over 13 percent on Thursday to hit a new high of ₹983.65 apiece on the BSE after CRISIL reaffirmed the long-term rating for the credit facilities of ₹350 crores to be availed by the company from the bank(s).
Says Malvika Bhotika, Director, CRISIL Ratings, “Gold-loan NBFCs have bolstered clientele and managed growth by opening branches in new geographies, offering online gold loans and door-step services, and deploying marketing strategies to target inactive customers.”
Anupam Kaura brings with him over 25 years of experience in leadership roles across Indian and global banking and finance companies. He has an extensive background in strategic HR leadership, business partnering, compensation and benefits management, boards, and HR consulting, the company said in a statement.