Shalibhadra Finance Expands into Akola, Strengthening Presence in Maharashtra’s Vidarbha Region

Shalibhadra Finance Limited, a resilient NBFC catering to unbanked and underserved geographies in the western belt of India, has announced the opening of its newest branch in Akola district, Maharashtra. This expansion aligns with its strategy to tap into adjacent districts, following the recent launch of a branch in Buldhana in November 2024. The new branch takes the state-wide branch count to 18 and the total to 53 branches across India. Akola, with a population of approximately 1.8 million, spans 7 talukas and over 1,000 villages. The branch will initially provide two-wheeler finance across every taluka, meeting the distinct credit demands of rural customers in the district. This development marks a step forward in deepening Shalibhadra Finance’s Maharashtra presence and unlocking growth potential in the Amravati division, reinforcing its commitment to enhance financial access in the Vidarbha region.