Indian Startups19mo
by ZippyDumplingLivSpace
Slice merges with North East Small Finance Bank
Why did this happen? Slice already owns an NBFC license. What does this help them achieve? "to better serve their shared mission and reach more consumers who currently lack access to basic banking services"
Top comments
It helps them achieve a lot. They can take deposits, extend loans, issue cards without needing a partner and maybe st...
Kids take funding from Angels Men take funding from VCs Legends merge with banks
Cost of capital for an NBFC is pretty high compared to the SFB/CB. NBFCs are restricted on many fronts - customer pro...
