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Mangal Credit and Fincorp Opens New Branch in Maharashtra, India

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-- Mangal Credit and Fincorp (NSE:MANCREDIT, BOM:505850) announced the opening of its newest branch in Maharashtra, India, on May 6, according to a Tuesday filing on the Indian stock exchanges.

The new location (Shop No. 5, Taniya Regency, Nallasopara East) expands the firm's network in western India, offering products such as gold loans, personal loans, and SME loans.

The company specializes in delivering quick credit solutions to retail customers and small and medium-sized enterprises (SMEs).

Shares of the non-banking finance company were up 1% in Wednesday's trade.

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