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Cautious approach: Small finance bank model in the slow lane, say experts

The small finance bank model may still be testing the water some 10 years since its launch.

According to banking experts, the regulator has taken a cautious approach in granting approvals.

Unity Small Finance Bank was the last one to get a licence in the category in November 2021.

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North East Small Finance Bank appoints ex-Navi Exec, Samit Shankar Shetty

North East Small Finance Bank (NESFB) is delighted to announce the appointment of Mr. Samit Shankar Shetty and Mr. Parvez Mulla as Independent Directors to its esteemed Board.

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Business News | North East Small Finance Bank Appoints Ex-Navi Exec, Samit Shankar Shetty, and Veteran Banker, Parvez Mulla, as Independent Directors

Get latest articles and stories on Business at LatestLY. Guwahati (Assam) [India], April 5: North East Small Finance Bank (NESFB) is delighted to announce the appointment of Samit Shankar Shetty and Parvez Mulla as Independent Directors to its esteemed Board. With over two decades of experience each, in scaling and managing financial institutions, the appointment of the seasoned professionals underscores NESFB's commitment to a highly inclusive and digitally forward bank for its consumers. Business News | North East Small Finance Bank Appoints Ex-Navi Exec, Samit Shankar Shetty, and Veteran Banker, Parvez Mulla, as Independent Directors.

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Big-ticket funding deals in focus; Good Glamm's JV with Serena Williams

Industry executives view this as a notable uptick after the prolonged downturn in funding for technology ventures in India since 2021. While there is a considerable revival in large-size deals, the interest is largely in select good assets which have withstood post-pandemic challenges and continued to grow despite cutting down burn.

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Cred: Cred's head of risk Kunal Kashyap quits, set to join Slice

Kunal Kashyap moves from Cred to Slice, which merges with North East Small Finance Bank. Pending approvals from Competition Commission of India. Slice reports Rs 846 crore operating revenue, Rs 405 crore net loss.

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Digital lenders' play for MSMEs; Ola Electric to launch e-autos

MSME-focused digital lenders are increasingly gaining traction as banks slow down on unsecured consumer loans. This and more in todays ETtech Morning Dispatch.

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CCI: CCI approves merger of Slice with North East Small Finance Bank

Garagepreneurs Internet, which operates the brand Slice, will merge with its in-house non-banking finance company Quadrillion Finance and the combined entity along with the banks microfinance entity, RGVN Microfinance will merge with NESFB.

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Slice gets CCI's clearance to merge with North-East Small Finance Bank

CCI has cleared the merger of fintech firm Slice with North-East Small Finance Bank and approved the acquisition of stake and majority shareholding in Asian Institute of Nephrology and Urology by TPG Growth V SF Markets Pte Ltd and Lathe Investment Pvt Ltd respectively.

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North East Small Finance Bank appoints Shrimohan Yadav as independent director

North East Small Finance Bank appoints Shrimohan Yadav as independent director
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NESFB appoints Shrimohan Yadav as New Independent Director

NESFB appoints Shrimohan Yadav as New Independent Director
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