Big news for customers of North East Small Finance Bank: the bank’s name has officially changed to Slice Small Finance Bank. The Reserve Bank of India (RBI) announced this change in an official notification.
Slice’s founder and executive director, Rajan Bajaj, shared this RBI notification on his social media account X.
RBI Notification
On May 21, RBI issued a notification confirming the name change from “North East Small Finance Bank Limited” to “Slice Small Finance Bank Limited.”
This update was made official through a notification dated May 14, 2025, and published in the Gazette of India on May 16, 2025.
With this, Slice Small Finance Bank remains a scheduled bank under the RBI Act, continuing all legal rights and responsibilities previously held by North East Small Finance Bank.
What Does This Mean for Customers?
If you have an account in this bank, you might wonder how the name change affects your passbook, cheque book, and bank account details. Here’s what you need to know:
Passbook, Chequebook, and Debit Card
As per RBI rules, customers can keep using their existing passbooks, cheque books, and debit cards unless the bank instructs otherwise.
These will continue to work without any interruption unless new instructions come from the bank.
IFSC Code
The bank’s IFSC code generally remains the same even after a name change, unless you are informed differently. So, you can continue using your current IFSC code for online transactions.
Important for Customers to Note
If you hold an account with Slice Small Finance Bank (formerly North East Small Finance Bank), keep an eye on official updates from the bank.
If the bank issues new passbooks, cheque books, or cards, make sure to follow their instructions to get the updated documents.
For any questions, contact your nearest branch or check the bank’s official website.
