StockWatch
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Non Banking Financial Company (NBFC)
Partnership8 Jun 2026, 09:41 am

Manba Finance Partners AMU Leasing, SHFIN for EV and Rural Financing

AI Summary

Manba Finance Limited has announced strategic partnerships with AMU Leasing Pvt. Ltd. and BRMP Leasing & Finance Private Limited (SHFIN) to expand its reach in electric mobility and rural financing. The collaboration with AMU Leasing will focus on financing electric three-wheelers and commercial EVs in Uttar Pradesh and Madhya Pradesh, aiming to improve credit access for MSMEs and driver-owners. The partnership with SHFIN will enhance two-wheeler financing solutions in Maharashtra's Vidarbha region, targeting underserved rural and semi-urban markets. These alliances are part of Manba Finance's strategy to build an inclusive lending ecosystem and drive financial inclusion.

Key Highlights

  • Partnerships with AMU Leasing and SHFIN to boost EV and rural financing.
  • Focus on financing electric three-wheelers and commercial EVs in UP and MP.
  • Expansion of two-wheeler financing in Maharashtra's Vidarbha region.
  • Aims to improve credit access and financial inclusion in underserved markets.