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Deepak Parekh (born 18 October 1944) is an Indian businessman and the former Chairman of Housing Development Finance Corporation, India's leading housing private development finance institution. It is based in Mumbai.
The reverse merger of parent HDFC Ltd with HDFC Bank is expected to be effective from July 1. Hindustan Times' sister website Livemint accessed Parekh's last statement to his shareholders as...
Jun 30, 2023 · Parekh famously left his Chase Manhattan Bank job in 1978, where he was earning twice the salary he would at HDFC. For Parekh, now 78, who joined HDFC as a 33-year-old and built it as India's largest private sector housing finance company, it is the end of a journey.
Apr 6, 2022 · “At that time, it was akin to a startup,” Deepak Parekh, his nephew and chairman of HDFC wrote in the book, India Transformed, published by Penguin Books. “The only difference was that, unlike...
Jul 3, 2023 · The Doyen of Indian banking, Deepak Parekh, joined HDFC at the age of 33 leaving a fascinating job at Chase Manhattan Bank. He realised that trust is the single most important component in any financial business, and ended up providing home loans to many Indians.
Jul 1, 2023 · Saturday, July 1, 2023, will mark an end of an era of sorts as this merger is set to complete. The son will take over the parent, and the country's first and the largest housing finance company will cease to exist.
Jun 30, 2023 · Mortgage-lending pioneer Deepak Parekh, 78, will ride into professional sunset with the satisfaction of having built a powerhouse that would be the fourth biggest bank in the world when Housing Development Finance Corp ( HDFC) merges with the lender it spawned three decades ago.
