मैगज़्टर गोल्ड के साथ असीमित हो जाओ
9,500 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Slice Eyes FY26 Profit, 3 Yrs After Crackdown
Mint New Delhi
|June 30, 2025
The turnaround follows its transition into a regulated bank in Oct 2024
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.
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 lines 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.
Following its merger with NESFB, Slice has stabilized its operations, consolidated assets and transitioned into a deposit-funded, digital-first bank, founder and executive director Rajan Bajaj told Mint.
यह कहानी Mint New Delhi के June 30, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 9,500 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
Mint New Delhi से और कहानियाँ
Mint New Delhi
A plan to hunt down digital arrest crooks takes shape
To crack down on surging online financial frauds such as 'digital arrests', a parliamentary panel has recommended that banks use government-issued IDs to trace, freeze and blacklist mule accounts siphoning crores of rupees. Experts call it a crucial first step, but banks warn implementation will be difficult.
3 mins
September 26, 2025
Mint New Delhi
Why this is the toughest test yet for Indian shrimp
As if the 50% tariff imposed by the US was not debilitating enough, Indian shrimp exporters are staring at an additional anti-dumping duty of as much as 40%. How will this impact exporters and the 16 million people dependent on the seafood sector? Mint explains:
2 mins
September 26, 2025
Mint New Delhi
HI-B crisis sparks legal scramble for new HR solutions
Law firms and corporations are racing to tackle the human resources impact of the vexed H-1B matter, after US President Donald Trump's latest immigration crackdown threw India's $283 billion IT sector into turmoil.
3 mins
September 26, 2025
Mint New Delhi
CAFE-3 pitches big relief for small cars
Lower fleet-wise emissions for small cars in latest BEE draft
4 mins
September 26, 2025
Mint New Delhi
Makhana to millets, snack makers tap into mindful munching
Urban Indians' appetite for healthier snacking is growing and no food is off limits as snack-makers race to cash in on the trend.
3 mins
September 25, 2025
Mint New Delhi
What is Trump's problem with paracetamol?
US President Donald Trump has linked the use of over-the-counter painkiller Tylenol (paracetamol) by pregnant women to an increased risk of autism in children, leading to widespread alarm.
2 mins
September 25, 2025
Mint New Delhi
New highway builders may toll older parallel roads too
Highway developers winning new projects may also be allowed to operate older parallel roads and charge tolls on them, in an effort to reduce toll leakage and attract more investors.
2 mins
September 25, 2025
Mint New Delhi
Govt unwraps $8 bn outlay to buoy ports, shipping
India is setting sail on its biggest maritime bet yet, with the Union cabinet on Wednesday unveiling an incentive package of ₹69,725 crore or about $8 billion for the shipping and ports industry.
3 mins
September 25, 2025
Mint New Delhi
Large exposure rule begins to squeeze corporate lending
A six-year-old Reserve Bank of India (RBI) rule meant to keep a check on banks' lending to large corporate groups is once again causing heartburn for lenders.
3 mins
September 25, 2025
Mint New Delhi
Insolvency relief for homebuyers soon
Separating troubled projects, early house registration proposed
3 mins
September 25, 2025
Listen
Translate
Change font size