Friday, 7 November, 2025
Slice SFB Net Loss Jumps 38% to Rs 216 Crore Post-Merger
Slice Small Finance Bank reported a net loss of Rs 216 crore for FY 2024-25, a 38% increase from the previous year. The surge is attributed to higher provisions for bad loans and operating expenses following its merger with North East Small Finance Bank. Despite the loss, the bank's operating revenue soared by 139% to Rs 603 crore, and it claims to have returned to monthly profitability.
Read full story at Economic Times