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Slice Small Finance Bank turns profitable on monthly basis; targets IPO in 3–4 years
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Slice Small Finance Bank (SFB) turned profitable as an entity two months back and is looking to report net profits this quarter, according to Rajan Bajaj, founder, Slice SFB.
In October 2024, fintech startup Slice merged with North East SFB. Thereby, Slice, along with its in-house non-banking finance entity, Quadrillion Finance, became part of the newly branded bank. In FY24, North East Small Finance Bank reported a net loss of Rs 441 crore.
Speaking to ET, Bajaj said that while Quadrillion Finance, on a standalone basis, was always profitable, Slice…
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