
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 founder and executive director Rajan Bajaj has posted this notification of RBI on his social media handle X.
RBI issued notification
According to the notification issued by RBI on May 21, an official notification has been issued to change the name of "North East Small Finance Bank Limited" to "Slice Small Finance Bank Limited" in the second schedule of the Reserve Bank of India Act, 1934. This change has been made through 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.
What will change for customers?
After RBI changes 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 impact it is going to have on them. So let us know what impact will your passbook, check and bank account have 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, customers can continue to use their existing passbook, checkbook and debit card. All these will continue to work until the bank gives any special instructions.
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.
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 pay attention to the official information received from the bank. If the bank issues new passbooks, checkbooks or cards, then 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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