Slice CEO says India’s next big bank will come from a bank, not fintech
In short
Slice CEO Rajan Bajaj said India’s next Revolut or Nubank will come from a bank, not a fintech. He also said Slice wants to be customers’ main bank for payments, savings and borrowing.
This matters because it points to how Slice wants to grow in banking. The report does not say when that shift will happen or what approval or plan is involved.
What the reporting says
Slice CEO Rajan Bajaj said India’s next Revolut or Nubank-style player will emerge from a bank, not a fintech. The only reported detail is that Slice wants to become customers’ main bank for payments, savings and borrowing. The source does not provide a date, product launch, regulatory filing, or any immediate financial impact.
Why it matters
Rajan Bajaj of Slice said the next Revolut- or Nubank-like company in India will emerge from a bank rather than a fintech, and that Slice wants to be customers’ primary bank for payments, savings and borrowing. The source does not state any regulatory step, funding event, or launch timeline. The significance is strategic rather than immediate.