Usha Financial Services, a non-banking financial company (NBFC), has announced the opening of a new branch in Dibai, Bulandshahr, Uttar Pradesh. This expansion marks a significant step in the NBFC’s mission to promote financial inclusion and empower individuals and businesses across India.
While the company already maintains a strong presence nationwide through its network of financial institutions and partners, this new physical branch will allow the company to better understand the unique needs of local businesses and individuals. By tailoring its services to meet on-ground requirements, Usha Financial Services aims to provide accessible financial solutions more effectively.
The Dibai branch will focus on offering SME and MSME loans, supporting entrepreneurship, stimulating local economies and enabling businesses to expand operations, invest in new technologies and create employment opportunities. The company aims to reach a broader customer base, particularly in rural and semi-urban areas, ensuring that even underserved communities have access to affordable and innovative financial solutions.
Commenting on the expansion, Geeta Goswami, Co-Founder and Chief Executive Office (CEO), 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.”
Usha Financial Services’s recent successful Initial Public Offering (IPO) has further bolstered its expansion strategy, providing the financial resources needed to scale operations and enhance service offerings. The funds raised will be utilised to strengthen the company’s presence in key markets, reinforcing its commitment to financial inclusion and economic empowerment.
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