Slice Small Finance Bank Reports 1st-Ever Profit of ₹48.4 Crore in FY26

 Slice Small Finance Bank reported its first profitable financial year since becoming a banking entity, posting a net profit of ₹48.4 crore in FY26, as per news reports. The performance marks a significant turnaround from the previous year’s loss. 

The Bengaluru-headquartered lender also recorded a sharp increase in income during the year, reflecting the benefits of scale and integration following the merger. 

Profitability Improves Following Business Integration 

The bank reported a net profit of ₹48.4 crore for FY26 compared with a net loss of ₹216.7 crore in FY25.  

Profitability strengthened further during the final quarter of the fiscal year, with the lender posting a profit of ₹20.4 crore in Q4FY26 against a loss of ₹89.9 crore in the corresponding quarter of the previous year. 

The improvement highlights the bank's progress in integrating operations and expanding its financial services platform after the merger. 

Income More Than Doubles in FY26 

Total income surged to ₹1,402.7 crore during FY26, more than doubling from ₹603.8 crore reported in the previous financial year.  

The strong growth reflects an expanding customer base, increased banking activity, and a broader product offering following the transition from a fintech-led model to a regulated banking platform. 

The lender also reported a healthy deposit profile, with current and savings account (CASA) deposits accounting for 39.8% of total deposits. Retail term deposits and CASA deposits contributed 94.2% of the overall deposit base. 

Backed By Leading Investors 

Slice Small Finance Bank has raised $387 million in funding to date and counts investors including Tiger Global, Insight Partners and Blume Ventures among its backers. According to the company, its platform has crossed 20 million registered users. 

Read More: BSNL Revenue Rises to ₹25,000 Crore in 2 Years as Network Upgrades Improve Operations! 

Conclusion 

The lender's maiden annual profit represents a major milestone following its merger with North East Small Finance Bank. With strong income growth, an expanding deposit base and continued focus on underserved customers, Slice Small Finance Bank enters FY27 on a stronger financial footing. 

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