Assam headquartered slice small finance bank (slice SFB) has reported robust growth in the past year, recording a 20.7% rise in deposits across the state and creating over 400 new jobs in the Northeast. This milestone underscores the bank’s commitment to boosting local economies and deepening financial inclusion in underserved regions.
slice SFB is rapidly expanding its rural banking footprint, launching new branches in Wokha (Nagaland), Bawngkawn and Serchhip (Mizoram), and modernizing branches across Assam with a digital-first approach. These branches are tailored for rural communities, women-led businesses, and first-time digital users, blending technology with personalized service.
In Shillong, slice SFB’s user-friendly lending model and digital loan products have found strong traction among MSMEs and small traders. Local businesses are embracing voice box technologycurrently under pilotto simplify digital payments with audio confirmations in regional languages, enhancing confidence in cashless transactions.
MD & CEO Satish Kumar Kalra emphasized the bank’s vision of inclusive innovation from India’s heartland, with continued support from the Assam government. Looking ahead, the bank plans to focus on empowering women, building a future-ready workforce, and advancing digital literacy to fuel long-term growth across the region.
