A transformative merger has taken place in India’s banking sector, with slice successfully merging with North East Small Finance Bank (NESFB) as of 27th October 2024. This strategic union combines slice’s innovative fintech approach with the established values of NESFB, creating a unified entity dedicated to enhancing customer experiences across the country.
Reflecting on the merger, Rajan Bajaj, Founder & CEO, slice and Executive Director of the merged entity, said, “For over a year, the teams at slice and NESFB have worked tirelessly to make this merger a reality… We’re especially committed to strengthening our roots in the Northeast, striving to bring more people into the formal banking system.”
In Kohima, this merger represents a significant opportunity for local residents. As the merged entity rolls out new banking products, including loans and digital services, the people of Kohima can look forward to increased accessibility and convenience in managing their finances. The commitment to financial inclusion and economic growth resonates deeply within the community, promising to empower individuals and stimulate local businesses. With a focus on customer-centric solutions, the future of banking in Kohima appears brighter than ever.
