Latest News | Business Briefs Lendingkart Reports Rs 30 Crore Profit in Q1

Mumbai, Aug 31 (PTI) Private banking company Lendingkart on Thursday reported a net profit of Rs 30 crore for the June quarter.

The unlisted non-bank lender reported a revenue of Rs 268 crore during the quarter. Its post-tax net for 2022-23 was Rs 120 crore.

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*********** Kotak Mahindra Bank introduces UPI interoperability feature on its e-rupee app

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Mumbai: Kotak Mahindra Bank on Thursday announced the introduction of a UPI interoperability feature on its digital rupee application.

Its peer YES Bank has also announced going live with the Unified Payments Interface (UPI) Interoperability feature on the Reserve Bank of India's Central Bank Digital Currency (CBDC) app, as per an official statement.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)