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Slice Eyes Profitability in FY26, Three Years After Crackdown

Hindustan Times Rajasthan

|

June 30, 2025

Three years after a regulatory crackdown disrupted its core business, fintech startup Slice says it has turned profitable on a monthly basis and is targeting full-year profitability in FY26.

- Mansi Verma

MUMBAI:

The turnaround follows its transition into a regulated bank after its final merger with North East Small Finance Bank (NESFB) in October 2024.

Slice was among several fintechs forced to stop offering credit line via prepaid payment instrument (PPI) wallets after the Reserve Bank of India's June 2022 circular. This effectively shut down Slice's popular card offering, which had gained traction among younger Indian users.

Hindustan Times Rajasthan से और कहानियाँ

Hindustan Times Rajasthan

India’s pursuit of growth: Lessons from China story

Fixing basics such as education and health care was the key to Beijing's rise, apart from building its manufacturing prowess and competing for supremacy

time to read

4 mins

October 26, 2025

Hindustan Times Rajasthan

Two depressions gather pace, several states on cyclone alert

There are two depressions brewing over Arabian Sea and Bay of Bengal. The one over Bay of Bengal is expected to intensify into a cyclone on Monday morning.

time to read

1 min

October 26, 2025

Hindustan Times Rajasthan

Hindustan Times Rajasthan

All infiltrators will be deported: Amit Shah

Union home minister Amit Shah on Saturday slammed the opposition INDIA bloc for opposing the special intensive revision (SIR) of electoral rolls in poll-bound Bihar, and asserted that every infiltrator would be detected and deported to their countries.

time to read

1 mins

October 26, 2025

Hindustan Times Rajasthan

Hindustan Times Rajasthan

Trump begins Asia tour, likely to meet Xi

ABOARD AIR FORCE ONE: US President Donald Trump headed for Asia on Saturday and high-stakes trade talks with Chinese counterpart Xi Jinping, saying that he would also like to meet North Korean leader Kim Jong Un on his trip.

time to read

1 min

October 26, 2025

Hindustan Times Rajasthan

Mr Marco and Ms Deb, solving crimes in Kolkata

We don’t normally think of foreign secretaries as authors of detective fiction.

time to read

3 mins

October 26, 2025

Hindustan Times Rajasthan

AUSSIE CRICKETERS MOLESTED AT INDORE, ACCUSED ARRESTED: POLICE

BHOPAL: Two women cricketers from Australia were allegedly sexually harassed by a 30-yearold man in Indore during their stay in the city for a Women's World Cup match on Thursday night, police said.

time to read

1 min

October 26, 2025

Hindustan Times Rajasthan

Hindustan Times Rajasthan

'Earlier machines replaced labour; AI replaces thought'

{ NELL WATSON } RESEARCHER OF EMERGING TECHNOLOGIES; CONSULTANT ON AI GUARDRAILS

time to read

2 mins

October 26, 2025

Hindustan Times Rajasthan

Stairway to enhancing social privilege, prestige

The degree now isa signifier of distinction

time to read

3 mins

October 26, 2025

Hindustan Times Rajasthan

Frankenstein, Skynet, Ultron: Tall-tale signs of machines with minds

Joseph-Marie Jacquard was in his fifties when he invented the Jacquard machine.

time to read

3 mins

October 26, 2025

Hindustan Times Rajasthan

Don’t blame women for the violence they suffer

West Bengal chief minister Mamata Banerjee’s remark in the context of the rape of a medical student in her state, that the latter shouldn't have been out so late at night, is worrying.

time to read

2 mins

October 26, 2025

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