New Delhi, 14th February 2025 – Usha Financial Services Limited (UFSL), a leading non-banking financial company (NBFC), announced the opening of its new branch in Dibai(Bulandshahr), Uttar Pradesh. This expansion marks a significant step in UFSL’s mission to promote financial inclusion and empower individuals and businesses across all the regions of India.
While UFSL already boasts a strong presence across all Indian states through its extensive network of financial institutions and partners, this new physical branch will enable the company better to understand the unique needs of local businesses and individuals, tailoring its services to meet on-ground requirements more effectively.
The new branch will offer services like SME/MSME loans. Aiming to serve individuals across India, By focusing on SMEs/MSME, UFSL aims to foster entrepreneurship, stimulate local economies, and offer accessible credit solutions to help businesses expand operations, invest in new technologies, and create employment opportunities.
UFSL remains committed to reaching a broader customer base, particularly in rural and semi-urban areas, ensuring that even the most underserved communities can access affordable and innovative financial solutions. This expansion highlights UFSL’s dedication to driving financial empowerment across the nation.
With this new branch, UFSL seeks to address the diverse financing needs of local SMEs in Dibai and surrounding localities. By providing SME loans, the company aims to foster entrepreneurship, stimulate local economies, and offer accessible credit solutions to help businesses expand operations, invest in new technologies, and create employment opportunities. UFSL is committed to reaching a wider customer base, particularly in rural and semi-urban areas, ensuring that even the most underserved communities have access to affordable and innovative financial solutions.
Commenting on the expansion, Ms. Geeta Goswami, CEO of Usha Financial Services, said, “Our goal is to empower small businesses, individuals, and families who are the backbone of our economy. The Dibai(Bulandshahr) branch is the first of many steps in our plan to expand across Uttar Pradesh, providing comprehensive financial solutions—with a focus on SME loans—to support our clients’ diverse needs. We are committed to fostering financial empowerment and driving inclusive growth in every region we serve.”
UFSL’s successful IPO marks a critical turning point in its expansion strategy, providing the company with the financial resources to scale operations and enhance its service offerings. The funds raised will be directed towards strengthening its presence in key markets