Shalibhadra Finance, a retail-focused NBFC, has opened a new branch in Jamnagar, Gujarat, deepening its strategic presence in the state.

This expansion leverages Jamnagar's robust dual economy, creating an ideal market for small-ticket rural loan offerings.

With this addition, Shalibhadra now operates 62 branches across India, reinforcing its footprint in western India.

The company believes a physical presence is crucial for its asset-backed retail finance model in rural areas, essential for future expansion and growth.

It manages over ₹220 crore in assets and serves more than 1 Lakh customers.