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Home News Asia

slice strengthens board with former RBI executive, Eugene Emmanuel Karthak

Smita SinghbySmita Singh
in Asia, Business, India, News
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slice strengthens board with former RBI executive, Eugene Emmanuel Karthak

slice strengthens board with former RBI executive, Eugene Emmanuel Karthak

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Bengaluru, Karnataka, India, September 2025 – slice, India’s leading fintech, has announced the appointment of Eugene Emmanuel Karthak as the Part-time Chairman and Independent Director of its Bank Board. Karthak, a seasoned banking professional, brings a wealth of regulatory and governance experience to the role, having served as an Executive Director at the Reserve Bank of India (RBI). Prior to the merger between slice and North East Small Finance Bank, Karthak was on the board of Garagepreneurs Internet Private Limited (GIPL), the former parent company of slice.

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With over 30 years of experience at the RBI, Karthak has held key leadership roles across various departments including Information Technology, Corporate Services, and as Regional Director for Delhi and Bengaluru. His extensive knowledge in regulation, compliance, and corporate governance will play a crucial role in guiding slice through its next phase of growth as a full-stack bank.

Post his tenure at RBI, he served on the boards of several prominent financial institutions, including Andhra Bank as RBI Nominee Director and Jana Small Finance Bank as Independent Director. Currently, he is the Director of the Indian Institute of Bank Management (IIBM) and serves on the Governing Council of CAFRAL (Centre for Advanced Financial Research and Learning), institutions backed by the RBI and other public institutions.

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slice, following its merger with North East Small Finance Bank, has quickly scaled operations across the country. In addition to its UPI-led branch in Dispur, Guwahati, it has opened a second branch in Koramangala, Bengaluru, and plans to launch another in Gurugram soon. With the goal of building India’s most loved bank, slice is combining digital-first offerings like UPI, savings accounts, FDs, and UPI credit cards with a physical presence to reach underserved communities, especially in the Northeast, where it has already generated over 400 jobs.

“We are privileged to welcome Eugene sir to our Board. His unparalleled expertise in regulatory governance, financial inclusion, and strategic oversight will be invaluable as slice builds on its mission to create India’s most loved bank. At a time when we are reimagining banking for millions of Indians, his guidance will help us strengthen our foundation of trust, compliance, and responsible innovation, ensuring that we grow with both ambition and accountability,” said Rajan Bajaj, Founder & Executive Director, slice.

“I am excited to join slice at such a pivotal moment in India’s banking journey. The opportunity to help build the next generation of banking, rooted in digital-first principles and powered by inclusion, is both a responsibility and a privilege. slice’s vision of championing digital banking shows how technology and trust can come together to transform financial access for millions of Indians. I look forward to working closely with the leadership team, and the Board to ensure that this vision is realized with the highest standards of governance and impact,” said Eugene Emmanuel Karthak, Part-time Chairman and Independent Director, slice.

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About slice

slice is India’s leading consumer payments and banking company, on a mission to redefine the future of finance for millions of Indians. Following its merger with North East Small Finance Bank, slice is now a full-stack bank offering a suite of digital-first financial products — including UPI, savings accounts, FDs, and credit cards — while building a physical presence through its branches in key cities and underserved regions. With a vision to become India’s most loved bank, slice combines technology, trust, and accessibility to empower a new generation of customers with inclusive, transparent, and user-friendly financial experiences.

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Tags: CAFRALDigital BankingEugene Emmanuel KarthakFinancial InclusionFintech IndiaHappy Place to Work CertificationHPTWIIBMIndependent DirectorLeadership AppointmentNorth East Small Finance Banksliceslice bank boardUPI credit cardUPI-led branches
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