Slice Posts Rs 48.6-cr Profit in FY26

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May 26, 2026 21:08

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Slice reports Rs 48.6 crore profit in FY26, Group Legrand launches training facility, UTI MF launches wealth tracker.
Mumbai, May 26 (PTI) Slice, a small finance bank, on Tuesday reported a net profit of Rs 48.4 crore in FY26 against a loss of Rs 216.7 crore in the year-ago period.

The fintech had merged into North East SFB to create the lender as it is known today and a statement said it has been able to post profits in its first full year of operations.

It reported a net profit of Rs 20.4 crore for the March quarter against a net loss of Rs 89.9 crore in the same quarter a year earlier, as per a statement.






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Group Legrand launches technical skills training facility on Mumbai outskirts

* Group Legrand India on Tuesday launched an 8,000-sq ft technical skills training facility on the outskirts of the financial capital.

The facility in Thane will train 1,000 people per year free of cost, as per a statement.






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UTI MF launches feature enabling users to track overall wealth on single dashboard

* UTI Mutual Fund has launched a digital feature that enables users to view and track their overall wealth across multiple financial institutions on a single dashboard.

Users can access the offering either on the fund house's app or through a website, and will be able to see investments across bank deposits, mutual funds, stocks, exchange traded funds and new pension scheme, as per a statement.



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Illinois Institute of Technology appoints Shyamal Gupta CEO for Mumbai operations

* Ahead of its India launch, Illinois Institute of Technology on Tuesday announced the appointment of Shyamal Gupta as the chief operating officer for its Mumbai operations.

Gupta will be responsible for overseeing operations, driving institutional growth, and ensuring the successful execution of Illinois Tech's India strategy, as per a statement.
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