Slice Small Finance Bank: North East Small Finance Bank will now be known as Slice Small Finance Bank. RBI has issued an official notification regarding this.
Slice Small Finance Bank: A big update has come for the customers of North East Small Finance Bank. North East Small Finance Bank will now be known as Slice Small Finance Bank. RBI has given this information in its official notification.
Slice’s founder and executive director Rajan Bajaj has posted this RBI notification on his social media handle X.
Big milestone for us!
We are now officially called slice Small Finance Bank.
Grateful to RBI for their support in this journey.
We’re building a bank in India that respects your time & money both.
The name’s changed, but our commitment remains. pic.twitter.com/pB6h0CScZ7
— Rajan Bajaj (@rajanbajaj_) May 21, 2025
RBI issued notification
According to the notification issued by RBI on May 21, the Reserve Bank of India has issued an official notification to change the name of “North East Small Finance Bank Limited” to “Slice Small Finance Bank Limited” in the Second Schedule of the Act, 1934. This change has been made through a notification dated May 14, 2025 and subsequently published in the Gazette of India on May 16, 2025. The revised list ensures that “Slice Small Finance Bank Limited” is now recognized as a scheduled bank under the RBI Act, carrying forward the statutory benefits and obligations previously enjoyed by North East Small Finance Bank.
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What will change for customers?
After RBI changed the name of North East Small Finance Bank Limited to Slice Small Finance Bank, it is very important for the customers of the bank to know how much it is going to affect them. So let us know what effect is going to be on your passbook, check and bank account after the bank changes its name?
Passbook, checkbook and debit card
According to RBI guidelines, in case of change in the name of the bank, unless the bank specifically instructs otherwise, customers can continue to use their existing passbook, checkbook and debit card. All these will continue to work until any special instructions are given by the bank.
IFSC code
The IFSC code usually remains unchanged unless the bank gives any separate information. Therefore, the existing IFSC code can be continued to be used.
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Customers should keep this in mind
If you also have a bank account in Slice Small Finance Bank / North East Small Finance Bank, then you should keep an eye on the official information received from the bank. If the bank issues new passbooks, checkbooks or cards, follow the instructions of the bank to get them. In case of any doubt, contact your nearest bank branch or get information on the official website of the bank.
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