07-Sept-2026 18:10:12
SHALIBHADRA FINANCE LIMITED : EXPANSION INTO USED COMMERCIAL VEHICLE FINANCING
• The company has announced the expansion of its loan products with the launch of a Used Commercial Vehicle (UCV) Financing division. • This new division will offer financing for the purchase and refinancing of existing used commercial vehicles. • The company aims to leverage its existing infrastructure, local market expertise, and collection network to scale this new segment efficiently. • This expansion marks the company's entry into the high-yield, underserved rural logistics market and will aid in product diversification of its Asset Under Management (AUM). • About Shalibhadra Finance Limited: The NBFC offers loan products like two-wheeler loans, car loans, property loans, and personal loans to rural and semi-urban areas. • It has an asset under management of over ₹220+ crores and a customer base exceeding 1 Lakh. • Impact: Positive (Strategic expansion into a new financing segment aimed at rural entrepreneurs.)
Shalibhadra Finance Limited
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