Please note – North East Small Finance Bank Limited has been renamed to slice small finance bank limited.

slice small finance bank has emerged as a critical player in driving financial inclusion across India’s northeastern region. Established with a clear mission to provide comprehensive banking services to the underserved segments of society. NESFB has consistently worked towards bridging the financial gap and promoting economic growth. The Bank has commenced its Banking Business vide RBI Press release dated October 17, 2017, which is available on RBI website for the Reference. The bank's commitment to inclusive banking is reflected in its robust portfolio of initiatives aimed at empowering marginalized communities and promoting sustainable development.

Mission

NESFB’s mission is to establish itself as a preferred banker for all financial needs by providing suitable products and services in a timely manner, through doorstep banking and use of technology, thereby leading to the sustainable growth of the community at large. By nurturing a culture of innovation, integrity, and customer-centricity, NESFB is committed to driving positive change and contributing to the socio-economic prosperity of the country.

Key Initiatives and Impact

One of NESFB’s cornerstone initiatives is providing loans to entrepreneurs and small businesses that traditionally lack access to conventional banking services. These loans empower individuals to launch and expand their businesses, thereby generating employment opportunities and stimulating local economic development. These credit facilities have significantly improved the financial independence of many in the region, particularly women and rural entrepreneurs.

North East Small Finance Bank (NESFB) offers a diverse portfolio of financial products tailored to meet the specific needs of various customer segments, ranging from individual retail consumers to Micro, Small, and Medium Enterprises (MSMEs) seeking credit access. Notably, the bank provides industry-leading special tenure fixed deposit (FD) rates, offering up to 9% interest for senior citizens. Additionally, NESFB extends Enterprise Development Loans and Cash Credit facilities to support working capital requirements, ensuring that its financial solutions are customized to promote financial inclusion.

The bank's commitment to regional development is further reflected in its strong focus on expanding employment opportunities. In 2024, NESFB expanded their workforce by over 200 positions across the northeastern region, underscoring its dedication to fostering local employment. These initiatives highlight NESFB's strategic focus on inclusive growth, as it continues to expand its footprint.

North East Small Finance Bank plays a key role in promoting financial inclusion and socio-economic development in the northeastern region of India. Through its range of targeted banking initiatives, the bank has made progress in supporting marginalized communities and contributing to sustainable growth. NESFB remains focused on its mission to provide accessible financial services, working towards enabling individuals to achieve greater financial security and economic stability.

Please note – North East Small Finance Bank Limited has been renamed to slice Small Finance Bank Limited. Refer here for more details.