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SLICE BANKING ASPIRATIONS
Slice SFB reports 38% jump in net loss to Rs 216 croreSlice Small Finance Bank reported a net loss of Rs 216 crore for 2024-25, as the newly merged entity increased provisions towards loans whi...- Slice Small Finance Bank turns profitable on monthly basis; targets IPO in 3–4 yearsNorth East Small Finance Bank had reported a Rs 441 crore loss in FY24. Slice was also in losses at a consolidated level. But as a bank, th...
- Wealthtech startup Stable Money raises $20 million in round led by Nilekani’s Fundamentum PartnershipExisting backers Z47, RTP Global and Lightspeed, besides Aditya Birla Ventures, participated in the funding round. Per cofounder Saurabh Ja...
- Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- NCLT approves merger of Slice and North East Small Finance BankPost-merger, Slice which provides prepaid wallets and UPI-based products will look to offer technology-backed financial services to the las...
- CCI approves merger of Slice with North East Small Finance BankGaragepreneurs Internet, which operates the brand Slice, will merge with its in-house non-banking finance company Quadrillion Finance and t...
- Unicorn Slice eyes $100 million to fuel its banking dreamsThe Bengaluru-based fintech firm is scouting for fresh equity and is trying to get a good deal from investors. The talks are still at an ea...
- How PhonePe's plan to invest in Dunzo hit a roadblock; Slice seeks fresh fundsPhonePe was interested in acquiring the merchant network and quickly tapped into it for Pincode. It has been spending on customer acquisiti...
- Groww rolling out UPI payments via ‘Pay’ featureThe platform is using the unified payments interface (UPI) infrastructure and allows users to make peer-to-peer payments as well as payment...
- Alice's adventures in remittancelandThe annual limit on the Liberalised Remittance Scheme (LRS), a window that allows a person to invest in offshore markets, was slashed to $7...
- Bihar bypoll: BJP, JD(U) slug it out in KurhaniAltogether 13 candidates are in the fray, and their fates will be decided by 3,11,728 voters though the contest is being seen, primarily, b...
- Aspiring bankers of today are walking a very different roadAs machines take over many functions, the HR need at banks is shifting to engineers and behavioural scientists.
- As elections approach, netas quietly reach out to influential Dera menGurmeet Ram Rahim, born in Sri Gurusar Mordia village in Sri Ganganagar still has a dedicated following, according to people in the region.
- Buy IndusInd Bank, target Rs 1,889: HDFC SecuritiesBuy IndusInd Bank Ltd. at a price target of Rs 1889.
- Corus acquisition was an aspirational mistake: J J Irani"Acquisition of Corus was a mistake. Not an intentional one but an aspirational mistake," Irani told at an interaction on management.
- Congress poll strategy: Rahul Gandhi eyes 'Not rich, not middle-class'Congress's manifesto, currently in the works, is expected to flesh out Rahul's lengthy reference to NRMBs, an acronym that has gained salie...
- Banking & financial services space will be genuine wealth creator: Shanti Ekambaram, Kotak Mahindra Bank"Banking & financial services will do well; banks will find a way to work and beat around the margin pressure," says Shanti Ekambaram, Kota...
- The MBA: A man sought afterThe MBA degree opens up worlds of opportunity for its bearers. Many business positions require an MBA for advancement.
- Cap Gemini eyes outsourcing marketEuropean consulting major Cap Gemini has joined the list of multinational IT firms aspiring to capture a slice of the domestic IT outsourci...
- Vote bank vs fund bank battle for BMCIt’s a battle between ‘vote bank’ and ‘fund bank’. This is an interesting slice of the epic BMC polls at a macro level.
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