Slice, a fintech firm located in Bengaluru, said on Monday that it has successfully merged with North East Small Finance Bank (NESFB) with effect from October 27 after obtaining all necessary regulatory and shareholder clearances.
According to the statement, the merger would combine the two businesses’ operations, assets, and brand identities into a single banking organization.
According to a statement from the fintech startup, the merging would open the door for the development of a technology-driven bank with a stronger financial position that is concentrated on growing its business, strengthening its risk management systems, and boosting client satisfaction.
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