Wednesday, December 31

Slice Small Finance Bank’s Assam Footprint Expands: Jobs, Deposits, and Rural Banking

slice small finance bank (slice SFB), headquartered in Assam, has reported a significant 20.7% increase in its deposit base across the state over the past year, alongside the creation of over 400 local jobs. This strong growth highlights the bank’s expanding footprint in Assam and the broader Northeast, bolstering financial inclusion and economic development in the region.

The bank is opening new branches in Wokha (Nagaland), and Bawngkawn and Serchhip (Mizoram), while modernizing several branches across Assam to offer a digital-first, customer-friendly experience. Tailored especially for rural households, women-led ventures, and new digital users, these centres aim to bridge financial access gaps.

Local entrepreneurs and MSMEs have benefited from easier credit access, faster disbursals, and pilot tools like voice box payment confirmations in regional languages, enhancing trust in digital transactions. “Assam is not just our base; it’s our inspiration,” said MD & CEO Satish Kumar Kalra. The bank’s future plans include deepening rural penetration, empowering women, and nurturing a digitally inclusive workforce — reinforcing Northeast India’s role as a hub for next-generation banking innovation.

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