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STEERING RELIGARE 2.0 FOR NEXT PHASE OF GROWTH

Fortune India

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December 2022

An epitome of women’s power, Dr. Rashmi Saluja, Executive Chairperson of Religare Enterprises Limited REL), has proved beyond doubt her mettle in bringing about a spectacular turnaround in the Group’s businesses steering it through challenging times with her initiative Religare 2.0.’ The management with the support of Dr Saluja’s excellence and expertise in the world of enterprise witnessed unprecedented growth of the organization into a strong and integrated financial services Group within a short span of time.

STEERING RELIGARE 2.0 FOR NEXT PHASE OF GROWTH

The unconventionally bold steps and strategic measures initiated by Dr. Rashmi Saluja eventually witnessed a surge in Religare Enterprise shares and have outperformed the benchmark indices. Analysts observed that it was a landmark moment for the Group as its credit ratings agency CARE Ratings,in early November, upgraded Religare Broking's long-term and short-term bank facilities worth INR 500 crore from BBB- to Stable A3. The market sentiment about REL’s shares is also upbeat with increased investor interest. It has established itself as a major player in Banking, Financial Services and Insurance (BFSI) industry.

A unique combination of being an MBBS, MD, MBA (Finance), LLB and PhD by qualification, Dr Rashmi Saluja, is a repository of administrative experience, an entrepreneur par excellence and a brilliant administrator of 25 years standing in setting up institutions. Sensitive and compassionate about giving back to society and empowering the lesser privileged, Dr Saluja is involved in several social and charitable activities through Religare Care Foundation that focusses on Education, Sports, Healthcare, Skill Development and Employment generation for the marginalized section of society.

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