India, April 15 -- MSME-focussed Lendingkart has reportedly appointed DBS bank's former managing director and head of consumer banking group Prashant Joshi as its chief executive officer, days after Temasek-owned Fullerton Financial Holdings acquired a majority stake in the lendingtech startup.

A Moneycontrol report said that Lendingkart's board approved the appointment on March 28.

Inc42 has reached out to Lendingkart for comments on the development. The story will be updated based on the response.

Joshi has 30 years of experience in the banking and financial services industry across retail banking, small and medium enterprises (SME) and corporate banking.

As per his LinkedIn profile, Joshi has served DBS Bank for almost five years. ...