Current Affairs - Business - Discussion
Discussion Forum : Business - Latest Current Affairs (Q.No. 421)
421.
Which small finance bank is set to merge with Indian fintech unicorn Slice?
Answer: Option
Explanation:
Fintech unicorn Slice is set to merge with North East Small Finance Bank (NESFB) following approval from the Reserve Bank of India (RBI). This merger is expected to revolutionize banking services and expand financial inclusion in India. Slice is a Bengaluru-based fintech company that offers a range of financial products and services, including credit cards, buy now, pay later (BNPL), and insurance. NESFB is a Guwahati-based small finance bank that focuses on providing financial services to underserved and unbanked segments of the population.
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