A new branch of Slice Small Finance Bank was inaugurated in Wokha District on August 30, 2025, marking a step toward expanding financial inclusion and entrepreneurship in the region. The event was graced by Advisor to the Chief Minister, Government of Nagaland, Dr. Chumben Murry, as the Chief Guest.

Advisor to Chief Minister, Dr. Chumben Murry, delivering a speech during the inaugural programme of the Slice Small Finance Bank's new branch at Wokha District on 30th August 2025. (DPRO Wokha)
Advisor to Chief Minister, Dr. Chumben Murry, delivering a speech during the inaugural programme of the Slice Small Finance Bank’s new branch at Wokha District on 30th August 2025. (DIPR)

In his address, Dr. Murry stressed the importance of strengthening the banking system and promoting financial literacy in rural and semi-urban areas. He called for the upliftment of youth and women, describing them as “key drivers of socio-economic transformation.” He also termed Slice Small Finance Bank a potential “lighthouse of resources” to boost entrepreneurship and small businesses across Wokha and surrounding villages.

Guest of Honour, Deputy Commissioner Wokha, Vineet Kumar IAS, highlighted the transitional phase of Wokha’s economy. He cautioned against the burden of informal lending systems and expressed hope that the new branch would provide a safer, regulated financial alternative.

Pranjal Medhi, Liability Head of Slice Small Finance Bank, Guwahati Head Office, outlined the vision of opening the sixth branch in Nagaland, focusing on uplifting micro and small businesses and extending inclusive services to underserved communities.

Short speeches were delivered by representatives of Lotha Hoho and Dr. Thungdemo Kyong, President of Team Metamorphosis, who welcomed the initiative. The welcome address was given by Zonal Head for Meghalaya and Nagaland, Seiboi Khongsai.

Slice Small Finance Bank was formed from the October 2024 merger of fintech startup Slice and the North East Small Finance Bank, approved by the RBI, combining digital innovation with regional banking expertise to deliver inclusive financial services.

MT

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