Home > Practice > Current Affairs > October - 2024 > October 29, 2024
1. Which fintech firm has completed its merger with North East Small Finance Bank?
Slice, a fintech firm, has successfully merged with North East Small Finance Bank, integrating its operations, assets, and brands. Approved by the Reserve Bank of India (RBI), this merger aims to enhance customer experience, introduce new banking products, and strengthen banking services in India's northeastern region. The combined entity will offer savings accounts, credit services, and other banking products, leveraging the strengths of both organizations. Slice's CEO, Rajan Bajaj, emphasized the importance of exceptional customer experience and strong governance in the merged entity.