MUMBAI, Feb. 16 -- Tiger Global-backed fintech Slice has appointed its founder Rajan Bajaj as managing director and chief executive officer, effective 17 February, following approval from the Reserve Bank of India.

In 2023, former Andhra Bank executive Satish Kumar Kalra was appointed chief executive. A person with direct knowledge of the matter said Kalra will continue with the firm in a senior advisory role following Bajaj's appointment.

The company also reported a net profit of Rs.27.97 crore for the first three quarters of FY26 (April-December), it said in a statement, though it did not disclose revenue for the period.

The profit marks a reversal from FY25, when the company reported a loss of Rs.217 crore, largely due to one-time p...