NCLT approves slice and North East Small Finance Bank’s Merger
4 months ago

NCLT approves slice and North East Small Finance Bank’s Merger

The Hindu  

slice, India’s leading consumer payments and lending company has received approval from the National Company Law Tribunal for its merger with North East Small Finance Bank. The NCLT, Guwahati bench, has sanctioned the Scheme of Arrangement and Amalgamation involving Garagepreneurs Internet Private Limited, Quadrillion Finance Private Limited, Intergalactory Foundry Private Limited, RGVN Microfinance Limited, and North East Small Finance Bank Limited. The approval paves way for the official merger, combining slice’s digital prowess with NESFB’s grassroots banking expertise to deliver a superior financial experience to Indian consumers. We are excited to merge with NESFB, and together, we will continue to innovate and strengthen financial access, technology driven banking systems, and customer service.“ slice and NESFB will soon announce the effective merger date and details of the merged entity.

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