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Non Banking Financial Company (NBFC)
New Launch22 Jul 2025, 03:28 pm

Savani Financials Ltd Surpasses 1,000 Loan Disbursals and Receives No Objection Letter for Name Change from RBI

AI Summary

Savani Financials Ltd, operating under the brand name Mantra Capital, has achieved two significant milestones. The company has successfully disbursed over 1,000 secured loans and received a No Objection Letter for the change in name of the company from the Reserve Bank of India. Mantra Capital is committed to providing structured, livelihood-linked financial solutions to underserved segments. The company's Assets Under Management (AUM) have grown from Rs. 11 Cr in December 2024 to Rs. 43 Cr in June 2025. Mantra Capital operates a 100% secure lending portfolio, focusing on Secured Business Loans and Secured Green Loans. The company aims to scale responsibly while addressing real credit gaps for deserving entrepreneurs.

Key Highlights

  • Surpasses 1,000 loan disbursals
  • Received No Objection Letter for change in name of the Company from Reserve Bank of India
  • Operates a 100% secure lending portfolio
  • Focus on Secured Business Loans and Secured Green Loans
  • AUM grew from Rs. 11 Cr in December 2024 to Rs. 43 Cr in June 2025
SAVFI
Non Banking Financial Company (NBFC)
SAVANI FINANCIALS LTD.

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