North East Small Finance Bank Rebrands to Slice SFB Following RBI’s Approval.
Economy Business
The Reserve Bank of India (RBI) has approved the renaming of Guwahati (Assam)-based North East Small Finance Bank Limited (NESFB) to Slice Small Finance Bank (Slice SFB) on 14th May 2025, as officially notified in the Gazette of India dated 16th May 2025.
- The bank is now recognized as a scheduled bank under the RBI Act, 1934, maintaining its statutory rights and obligations.
Main Point :- (i) The rebranding follows the October 27, 2024 merger of Bengaluru (Karnataka)-based fintech startup Slice with NESFB, forming a new-age banking institution that blends Slice’s digital-first approach with NESFB’s strong regional presence.
(ii) The newly formed Slice SFB aims to offer a diverse range of financial services, including savings accounts, fixed deposits, co-branded credit cards, personal loans, gold loans, and various digital banking solutions.
(iii) NESFB has informed its customers that all banking services will continue uninterrupted under the new brand name, with account numbers and IFSC codes remaining unchanged for now—any future changes will be communicated in advance. Additionally, existing passbooks, cheque books, and debit cards will remain valid.
About North East Small Finance Bank Limited (NESFB)
MD & CEO : Mr. Satish Kumar Kalra
Headquarters: Guwahati, Assam
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