Question

RBI has approved the merger of fintech startup Slice with which bank?

A Utkarsh Small Finance Bank Correct Answer Incorrect Answer
B Union Bank of India Correct Answer Incorrect Answer
C North East Small Finance Bank Correct Answer Incorrect Answer
D Bandhan Bank Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

RBI has approved the merger of fintech startup Slice with North East Small Finance Bank. Bengaluru- based Slice was valued at around US$1. 8 billion last year. Slice founder and CEO Rajan Bajaj said that we see this as an opportunity. Slice startup was started in the year 2016.

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