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Latest Money & Banking, Financial News Today - news | The HinduBusinessLine

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Supra Pacific Financial Services targets 500 branches and...
BL Mumbai Bureau · 2026-06-24 · via Latest Money & Banking, Financial News Today - news | The HinduBusinessLine
The NBFC is diversifying its lending portfolio across gold loans, microfinance, vehicle finance and MSME credit, while preparing to launch working capital loans and a digital lending app.

The NBFC is diversifying its lending portfolio across gold loans, microfinance, vehicle finance and MSME credit, while preparing to launch working capital loans and a digital lending app.

Supra Pacific Financial Services, a leading Non-Banking Financial Company, plans to open 500 branches across 15 states over the next three years, with a target to build an asset base of ₹2,500 crore.

As part of its expansion roadmap, Supra Pacific will mark its presence in Gujarat, Delhi, Rajasthan, Odisha and Telangana, while expanding operations across Kerala, Tamil Nadu, Andhra Pradesh, Maharashtra and Goa.

In the present phase, the company will open five new branches in Goa, further enhancing access to formal financial services in underserved regions.

The company’s asset base increased 64 per cent in FY26 to ₹499 crore, up from ₹290 crore in the previous year. It now aims to achieve assets of ₹750 crore during the current financial year.

Diversified lending push and digital-first growth strategy

Supra Pacific continues to diversify its lending portfolio across gold loans, microfinance, vehicle finance and business loans. It also plans to introduce working capital loans ranging from ₹10 lakh to ₹1 crore for traders and MSMEs, along with a new mobile application to deliver faster, more seamless digital financial services.

Manoj Ravi, CEO, Supra Pacific Financial Services, said India’s growth story presents a tremendous opportunity to bridge the credit gap, particularly across tier-II, -III and -IV cities, rural villages and the country’s hinterlands.

While financial inclusion has made significant progress, access to formal credit, especially gold loans and small business lending, remains limited in many regions, he said.

By strengthening its presence across the country, the company aims to contribute meaningfully towards the financial inclusion agenda, he added.

The company plans to expand its workforce from 700 to over 2,000 employees over the next three years and launch a public issue of Non-Convertible Debentures in FY27 to support its future growth plans.

With a strong focus on technology-driven innovation, responsible lending and customer-centric services, Supra Pacific Financial Services continues to strengthen its position as a trusted financial partner, driving inclusive growth across India.

Published on June 24, 2026