SSlice Small Finance Bank Limited
Key Highlights
Yield
Rating
Min. Invest
12.75%
BBB+
~₹ 99.66K
Interest
Principal
Maturity date
Seniority
Monthly
At Maturity
17/12/2031
Subordinated
About the Company
slice Small Finance Bank Limited (erstwhile North East Small Finance Bank Limited) was incorporated in July 2016 as a wholly owned subsidiary of RGVN (North East) Microfinance Limited. It commenced operations as a Small Finance Bank in October 2017 and is headquartered in Guwahati, Assam. The institution's origin traces back to Rashtriya Gramin Vikas Nidhi (RGVN), which started microfinance operations in 1995. On October 3, 2023, the RBI issued a No Objection Certificate for the amalgamation of the slice group with the bank. The merger was officially consummated on October 27, 2024, transferring all assets and liabilities of the slice group to the bank. Post-merger, Mr. Rajan Bajaj emerged as the largest shareholder, with other significant investors including Gunosy Capital, Blume Ventures, Tiger Global, and Insight Partners.
Financials
Yearly
*All values are in cr
Company Updates
RBI approves Rajan Bajaj as MD & CEO of Slice Small Finance Bank
12 weeks ago
The Reserve Bank of India (RBI) has approved the appointment of Rajan Bajaj as managing director and chief executive officer of Slice Small Finance Bank (SSFB), the company said on February 16. His appointment will take effect from February 17, after securing approval from the bank’s board and shareholders. Bajaj, founder of fintech firm Slice, steps into the top role at a pivotal moment for the Bengaluru-based lender. Slice acquired North East Small Finance Bank in 2023 and later merged the entity to form Slice Small Finance Bank, marking its transition from a fintech startup to a licensed deposit-taking bank.
Other disclosures
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Inv. Amount
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