Fortis microfinance bank news

Here are some recent news articles and updates about Fortis Microfinance Bank:

Recent News

  1. Fortis Microfinance Bank Reports Q3 FY2022 Results: Fortis Microfinance Bank has reported its financial results for the third quarter of FY2022, with a net profit of ₹14.4 crore (approximately $1.9 million USD). The bank's total income increased by 15.6% to ₹143.6 crore (approximately $19.3 million USD) during the quarter. (Source: Business Standard, January 2022)
  2. Fortis Microfinance Bank Launches Digital Banking Platform: Fortis Microfinance Bank has launched its digital banking platform, "Fortis Fintech", which allows customers to access their accounts, pay bills, and transfer funds online. The platform is available on both desktop and mobile devices. (Source: The Hindu BusinessLine, November 2021)
  3. Fortis Microfinance Bank Partners with NPCI for UPI Payments: Fortis Microfinance Bank has partnered with the National Payments Corporation of India (NPCI) to enable UPI (Unified Payments Interface) payments for its customers. This partnership will enable customers to make payments using their mobile devices. (Source: The Economic Times, October 2021)

Recent Updates

  1. Fortis Microfinance Bank Expands Operations to New Cities: Fortis Microfinance Bank has expanded its operations to new cities, including Bengaluru, Chennai, and Hyderabad. The bank has also opened new branches in existing cities, including Delhi and Mumbai. (Source: Fortis Microfinance Bank website, January 2022)
  2. Fortis Microfinance Bank Introduces New Savings Scheme: Fortis Microfinance Bank has introduced a new savings scheme, "Fortis Savings Plus", which offers a higher interest rate than its existing savings account. The scheme is designed to encourage customers to save more and earn higher returns. (Source: Fortis Microfinance Bank website, December 2021)
  3. Fortis Microfinance Bank Wins Awards: Fortis Microfinance Bank has won several awards, including the "Best Microfinance Bank" award at the 2021 India Microfinance Awards and the "Best Digital Banking Initiative" award at the 2021 Banking Frontiers Awards. (Source: Fortis Microfinance Bank website, November 2021)

Please note that the news articles and updates provided are subject to change and may not be up-to-date. It is always a good idea to check the bank's official website or other reliable sources for the latest information.