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Slice secures RBI nod to appoint ex-Andhra Bank executive as MD & CEO

North East Small Finance Bank is in the process of getting merged with Bengaluru-headquartered fintech unicorn Slice.

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Slice – NE Small Finance Bank s hunt for CEO faces hurdles - The Hindu BusinessLine

Slice – NE Small Finance Bank s hunt for CEO faces hurdles - The Hindu BusinessLine
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In a First, RBI Allows Fintech Unicorn Slice To Merge with North East Small Finance Bank

In a first-of-its-kind development in the banking sector, the Reserve Bank of India (RBI) has approved the merger of financial technology (fintech) credit and payment company slice and Guwahati-based North East Small Finance Bank (NESFB). With this deal, slice, the fintech, would become a small finance bank.

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slice and North East Small Finance Bank to Merge

slice and North East Small Finance Bank to Merge
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Fintech startup Slice merges with North East Small Finance Bank

Slice said that the merger will help realise the entity’s shared goal of integrating technology with grassroots financial inclusion across the nation.

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