How slice Fixed A Broken Bank
Many saw slice’s 2023 acquisition of North East Small Finance Bank (NESFB) as a gamble that was destined to fail. The SFB was knee-deep in bad loans and had negative returns on assets. But the fintech only saw one thing – the golden ticket to operate a bank. Today, slice has flipped the script.
slice’s Turn Of Fate: For slice, the SFB acquisition was a necessity that came at a very opportune time. A crisis struck the fintech startup in 2022, when the RBI…

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