In a landmark move for the Indian banking sector, slice has successfully merged with North East Small Finance Bank (NESFB), effective 27th October 2024, after securing all requisite approvals. This merger combines slice’s fintech innovation with NESFB’s established banking expertise, creating a unified entity focused on enhancing customer experience and financial inclusion.
The newly formed bank is set to bolster its presence in the Northeast, with plans for strategic expansion and improved services. “We’ll place a strong emphasis on delivering exceptional customer experience while maintaining robust risk management and governance as the foundation of our operations,” said Rajan Bajaj, Founder & CEO, slice and Executive Director of the merged entity.
In Shillong, this merger promises significant benefits, including greater access to digital banking services and innovative financial products. As the region continues to develop, the integration aims to enhance local economic growth by providing tailored banking solutions that meet the evolving needs of consumers. The merged entity’s commitment to the Northeast highlights its vision of fostering a more inclusive financial landscape across India.
+ There are no comments
Add yours