Mithun, Author at Andaman Todays

HDFC Bank plans significant expansion of loan securitisation business, CFO says

MithunFebruary 28, 2025February 28, 202502 mins

HDFC Bank, India’s largest private lender by assets, plans to expand its loan securitisation business over the next few years to meet rising investor demand, said CFO Srinivasan Vaidyanathan in an interview late on Thursday. The bank aims to create space for fresh loans without increasing its balance sheet. Loan securitisation involves bundling loans and…

Zepto Cafe hits 100,000 daily orders, approaches $100 million GMV run-rate

MithunFebruary 26, 2025February 26, 202501 mins

Zepto Café, the 10-minute food delivery service from Zepto, has reached a significant milestone of 100,000 orders per day, announced co-founder and CEO Aadit Palicha. This achievement comes just two weeks after surpassing 75,000 daily orders. In a LinkedIn post, Palicha also projected that the gross merchandise value (GMV) would reach $100 million annually. Launched…