Premium Domain Names for Sale at
My Account
Follow us on:
Powered By
Find & Invest in bonds issued by top corporates, PSU Banks, NBFCs, and much more. Invest as low as 10,000 and earn better returns than FD
Invest Now
Powered By
Unlock Your Trading Potential: Trade like Experts with SEBI registered creators, Learn from Courses & Webinars by India’s Finest Finance Experts.
Invest Now
Fundamental, Stock Ideas, Multibaggers & Insights
Stock & Index F&O Trading Calls & Market Analysis
Technical Call, Trading Calls & Insights
Commodity Trading Calls & Market Analysis
Currency Derivatives Trading Calls & Insights
Options Trading Advice and Market Analysis
Model portfolios, Investment Ideas, Guru Screens and Much More
Proprietary system driven Rule Based Trading calls
Moneycontrol  PRO
Moneycontrol  PRO
Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas
Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas
Details stock report and investment recommendation
Technical and Commodity Calls
Set price, volume and news alerts
15-20 High Growth Stocks primed for price jumps
Fintech credit and payments startup Slice and Guwahati-based North East Small Finance Bank (NESFB) have announced their intention to merge the two entities.
The banking regulator, the Reserve Bank of India has given the no-objection certificate (NOC) to the deal and will see Slice becoming an SFB, a first of its kind development in the fintech and banking space.
Bengaluru-based Slice was last valued at around US$ 1.8 billion during its previous fund raising last year. In March 2023, Slice had acquired a 5 percent stake in NESFB for a value of $3.4 million.
While the shareholding details of the merger arrangement is not known, going by the previous valuation and investment, it is likely that Slice shareholders will own a majority stake in the merged entity.
RBI officials have in the past mentioned that it is not in favour of fintechs gaining licences through backdoor by acquiring licence-holding regulated entities such as banks and NBFCs. The regulator had earlier approved Centrum Capital and fintech payments firm BharatPe to invest in Unity SFB. However, this is the first instance of a fintech firm becoming a bank.
However, the regulator’s approval for the merger indicated that the central bank has full confidence in the fintech’s shareholders to bring a sea change to the Small Finance Bank (SFB) landscape by advancing its financial inclusion goals.
Slice largely works with college students and new-to-job employees and used to provide them credit and payment services. NESFB has 208 branches across the seven North East states along with West Bengal and has largely focussed on customers from the rural areas and bottom of the pyramid segment.
“We’re grateful to the RBI for entrusting us with this immense responsibility. This approach allows us to serve a wider audience, including those often overlooked. We will further strengthen our risk underwriting through the use of technology and data. We see this as an opportunity to build a highly inclusive and responsible bank, underpinned by robust risk management and strong governance,” said Rajan Bajaj, founder and CEO, Slice.
Slice said that the merger will help realise the merged entity’s shared goal of integrating technology with grassroots financial inclusion across the nation. This merger is yet to get the requisite shareholders’ consent and other regulatory approvals.
The new age in banking
“Fintechs went through a Darwinian phase last year and those who followed the regulator in letter and spirit are being rewarded now. Slice can potentially become the first bank with a digital first approach and revolutionise the modern banking experience for the smartphone generation,” says Vikram Chachra, founding partner of 8i Ventures and one of the early investors in Slice.
Earlier Slice used to issue prepaid cards with a relatively low credit limit to its young customers and then gradually increase the credit limit as they gain confidence in the customers’ ability to pay back. However, the RBI stopped the company from issuing a credit line on a prepaid card last year. This diktat has up-ended the businesses of several startups that were issuing such cards such as Uni, Jupiter, Fi Neobank and a few others.
According to the central bank, the functionality of the product determines the regulation and if the product is similar to a credit card, it should comply with all the credit card regulations. In India, only banks and a couple of bank-owned companies are allowed to issue credit cards.
“Slice getting the regulatory nod at a time when Navi Technologies did not get one and Paytm Payments Bank is still struggling to get the restrictions on customer onboarding lifted means something. This also shows the regulator’s forward looking approach towards fintech,” says a venture capital investor, who did not wish to be identified.
A slice of banking
Most fintechs business model revolves around lending and the cost of funds become paramount, adds Chachra. Becoming a regulated entity that can accept deposits will help Slice to get funds for credit at better rates than most other fintechs and NBFCs.
“Slice already has one of the best credit underwriting for people who are new to credit and this will help in advancing the financial inclusion goals as it lends to a larger cross section of customers,” he says.
The approval for this merger shows that RBI is willing to accommodate fintechs into the banking fold as long as their compliance, risk management and governance are in line with the regulator’s mandate, said a senior fintech executive.
Fintechs are often at the mercy of banks in running any regulated products and becoming an SFB means that Slice will get a head start over its competitors.
“This alliance with Slice marks an exciting expansion of our reach and enhancement of our services. Dedicated to supporting the underserved, our collaboration is bolstered by slice’s innovative technology and a keen emphasis on customer experience,” said Rupali Kalita, managing director and CEO of NESFB.
The companies will decide on the management positions and other strategic changes in the coming few months. “There will be an integration process with both entities working diligently to ensure a smooth transition for all customers,” the companies said in a joint statement.
Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Copyright © Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of is prohibited.
You are already a Moneycontrol Pro user.

Premium Domain Names:

A premium domain name is a highly sought-after domain that is typically short, memorable, and contains popular keywords or phrases. These domain names are considered valuable due to their potential to attract more organic traffic and enhance branding efforts. Premium domain names are concise and usually consist of one to two words or two to four individual characters.

Top-Level Domain Names for Sale on

If you are looking for top-level domain names for sale, you can visit is a platform that offers a selection of domain names at various price ranges. It is important to note that the availability of specific domain names may vary, and it’s recommended to check the website for the most up-to-date information.

Contact at

If you have any inquiries or need assistance regarding the domain names available on, you can reach out to them via email at Feel free to contact them for any questions related to the domain names or the purchasing process.

Availability on,, and

Apart from, you can also explore other platforms like,, and for available domain names. These platforms are popular marketplaces for buying and selling domain names. Each platform may have its own inventory of domain names, so it’s worth checking multiple sources to find the perfect domain name for your needs.

#PremiumDomains #DomainInvesting #DigitalAssets #DomainMarketplace #DomainFlipping #BrandableDomains #DomainBrokers #DomainAcquisition #DomainPortfolio #DomainIndustry #DomainAuctions #DomainInvestors #DomainSales #DomainExperts #DomainValue #DomainBuyers #DomainNamesForSale #DomainBrand #DomainInvestment #DomainTrading

Leave a comment