Northeast Small Finance Bank Merges with Slice

Bengaluru-based fintech startup Slice has successfully merged with North East Small Finance Bank (NESFB), with the merger taking effect on October 27 following the approval of shareholders and relevant regulatory authorities.

Slice declared that the two companies' activities, assets, and brand identities will be combined into a single banking organization as a result of the merger.

“For over a year, the teams at Slice and NESFB have worked tirelessly to make this merger a reality. We are grateful to the regulatory authorities, especially the RBI and the Government of Assam, for trusting us with this transformative journey,” said Rajan Bajaj, chief executive officer, Slice.

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