slice small finance bank (slice SFB), headquartered in Assam, is accelerating its regional expansion with the opening of a new branch in Serchhip and the upcoming launch in Bawngkawn, Mizoram. The bank has created over 400 new jobs across the Northeast in the last 12 months, reinforcing its commitment to local employment and inclusive economic development.
Designed as digital-first branches, the new outlets aim to serve rural households, women-led enterprises, and first-time digital users. “Our mission to deliver banking to the traditionally underbanked revolves around the Northeast—a region with immense potential,” said Satish Kumar Kalra, MD & CEO of slice SFB. The bank is offering savings and current accounts, digital services, and affordable credit products to underserved segments.
In Aizawl, entrepreneurs see the bank’s entry as a catalyst for improved credit access and increased competition. The emphasis on local decision-making and digital enablement is expected to resonate well with Aizawl’s growing base of MSMEs and semi-urban consumers. With 20.7% deposit growth in Assam and innovations like voice box tech for small merchants, slice SFB is positioning itself as a key driver of financial inclusion in the Northeast.
