Current Affairs - Finance - Discussion

Fintech firm Slice has pioneered India's first fully UPI-powered bank branch in Bengaluru's Koramangala area, marking a significant shift in digital banking. The branch features UPI-enabled ATMs and introduces the slice UPI credit card - a no-fee product offering 3% cashback and interest-free EMI options. This launch represents Slice's evolution from a digital-only platform to an integrated banking service provider with its own infrastructure. By combining credit facilities with UPI's convenience, Slice aims to expand financial inclusion, particularly for underserved segments, while redefining point-of-sale credit access in India's banking landscape.