Online loans

Online loans: Lendingkart’s loan book jumps 80%, posts profit of Rs 42 crore

Lendingkart, backed by Fullerton Capital, doubled its profit to Rs 42 crore in fiscal 2020, increasing its loan portfolio by 80% to Rs 2,400 crore during the period. The lender, which mainly caters to small and medium-sized businesses and retail borrowers, increased its interest income by 113% to Rs 465 crore compared to the same […]