New Delhi, March 20 -- Shares of Paisalo Digital Limited are likely to be in focus in Monday's trading session, March 23, after the company received a fresh credit rating update for its commercial paper issuance worth Rs.540 crore.

In an exchange filing, the NBFC stated that Brickwork Ratings India Private Limited has assigned a BWR A1+ rating to its proposed commercial papers of Rs.540 crore, indicating a high degree of safety regarding the timely servicing of short-term financial obligations.

The company also noted that this rating comes in addition to the existing ratings assigned by other agencies for its commercial paper programme.

Meanwhile, the company also said Brickwork Ratings has reaffirmed the BWR AA/Stable rating for Paisa...