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Deepak Parekh

Regulatory changes in insurance sector will help create value for customers: HDFC Life Chairman Deepak Parekh

Regulatory changes in insurance sector will help create value for customers: HDFC Life Chairman Deepak Parekh

Fri, Jul 21, 2023

Addressing the company's 23rd annual general meeting, Deepak Parekh, who till June 30 was the chairman of HDFC which got merged with HDFC Bank, said several changes that the regulator Irdai is proposing would enhance insurance penetration, facilitate sustainable growth and ease the operating environment.

EXCLUSIVE | HDFC CEO Keki Mistry on the reason behind HDFC-HDFC Bank merger, and what lies ahead

EXCLUSIVE | HDFC CEO Keki Mistry on the reason behind HDFC-HDFC Bank merger, and what lies ahead

Mon, Jul 03, 2023

HDFC-HDFC Bank merger: The merger deal was first announced on April 4, 2022, and the daunting task of leading the merger process to completion fell on Deepak Parekh, the chairman of HDFC Ltd, who recently announced his retirement, and Keki Mistry, the vice chairman and chief executive officer (CEO) of the mortgage lender.

Deepak Parekh announces retirement: A look at the legacy of HDFC Chairman

Deepak Parekh announces retirement: A look at the legacy of HDFC Chairman

Mon, Jul 03, 2023

Deepak Parekh, the chairman of Housing Development Finance Corporation (HDFC), has announced his retirement after over 45 years with the company. Under Parekh's leadership, HDFC transformed into India's largest financial services conglomerate, excelling in home loans and expanding into various sectors.

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HDFC Bank jumps 3% on merger completion; HDFC Life too gains in trade

HDFC Bank jumps 3% on merger completion; HDFC Life too gains in trade

Mon, Jul 03, 2023

HDFC Bank-HDFC merger: Termed as the biggest transaction in the history of India Inc, HDFC Bank on April 4, 2022, agreed to take over its parent, which is the largest pure-play mortgage lender, in a $40-billion all-stock deal, creating a financial services titan with a combined asset of over Rs 18 lakh crore.

India in spotlight for being amongst fastest growing major economies amid uncertainties: Deepak Parekh

India in spotlight for being amongst fastest growing major economies amid uncertainties: Deepak Parekh

Sat, Apr 22, 2023

India is not immune to global disruptions, so some slowdown in growth is inevitable, Deepak Parekh said, adding, since India is a domestic, consumption-based economy, India is less dependent on the global economy compared to countries that rely heavily on exports.

‘We're lucky to have finally got a pause in interest rate cycle’: Deepak Parekh after RBI keeps monetary policy unchanged

‘We're lucky to have finally got a pause in interest rate cycle’: Deepak Parekh after RBI keeps monetary policy unchanged

Sat, Apr 08, 2023

The Reserve Bank of India’s (RBI) monetary policy committee earlier this week unexpectedly kept the benchmark rate unchanged after hiking it by a cumulative 250 basis points in 11 months, however, it pledged to hike the interest rate again if needed.

HDFC Bank Q3 Results: Profit, NII see double-digit growth, exceed analysts' expectations

HDFC Bank Q3 Results: Profit, NII see double-digit growth, exceed analysts' expectations

Sat, Jan 14, 2023

HDFC Bank -- India’s largest lender by market value -- reported a strong set of results for the October-December period. Its net profit increased 18.5 per cent and net interest income (NII) grew 24.6 per cent to Rs 22,987.8 crore -- both exceeding analysts' estimates.

India Tops In Global Economy Says HDFC Chairman Deepak Parekh, Watch This Exclusive Interview

India Tops In Global Economy Says HDFC Chairman Deepak Parekh, Watch This Exclusive Interview

Thu, Nov 17, 2022

Banks' efforts on deposit growth continue...People in India are spending more than they are saving...India tops in global economy: Deepak Parekh, Chairman, HDFC. Watch Zee Business exclusive conversation with Deepak Parekh.

Mortgage loan to GDP ratio should rise in India: HDFC chairman Deepak Parekh

Mortgage loan to GDP ratio should rise in India: HDFC chairman Deepak Parekh

Wed, Nov 02, 2022

HDFC Ltd Chairman Deepak Parekh on Tuesday said that though the interest rates go up, the tax deduction given by the government on annual outgo on this account brings the effective rates down.

PM Modi has done remarkable job, need him for two more terms: Deepak Parekh

PM Modi has done remarkable job, need him for two more terms: Deepak Parekh

Tue, Aug 30, 2022

Parekh, whose company is right now in the midst of the largest merger in Indian corporate history - awaiting mandatory clearances, said there is fear in speaking out but it does not affect one till one's conscience is clear.

HDFC NIMs to be under pressure for a quarter: Parekh

HDFC NIMs to be under pressure for a quarter: Parekh

Thu, Jun 30, 2022

HDFC Chairman Deepak Parekh on Thursday said the largest pure-play home financier may face a compression of its Net Interest Margin (NIM) in the short term as it is unable to immediately pass on the impact of RBI's rate hike to borrowers.

What all HDFC chairman Deepak Parekh said in his message to shareholders -TOP POINTS

What all HDFC chairman Deepak Parekh said in his message to shareholders -TOP POINTS

Thu, Jun 24, 2021

In a message to shareholders, HDFC Ltd Chairman Deepak Parekh said that home loan demand last year performed exceptionally well despite huge fall in the country's GDP due to Covid 19 pandemic.

HDFC Chairman Deepak Parekh denies reports, says didn't invest in Eduisfun

HDFC Chairman Deepak Parekh denies reports, says didn't invest in Eduisfun

Mon, Dec 30, 2019

"The future of our country lies in the education of our children. Praveen Tyagi`s STEPapp has made learning interesting and rewarding for students. Teaching children through games is an innovative step. My best wishes are with Tyagi`s team comprising 400 IITians, who have helped create an innovation like STEPapp," Bachchan said on unveiling of the app.

Exclusive: In conversation with HDFC chairman Deepak Parekh

Exclusive: In conversation with HDFC chairman Deepak Parekh

Mon, Apr 01, 2019

In this segment of Zee Business watch an exclusive conversation with HDFC chairman Deepak Parekh. Watch full video to know more.

Finance Minister has tried to help the farmer and middle-class of India through this budget: Deepak Parekh, HDFC

Finance Minister has tried to help the farmer and middle-class of India through this budget: Deepak Parekh, HDFC

Mon, Feb 04, 2019

Deepak Parekh, Chairman, Housing Development Finance Corporation (HDFC), speaks about the interim budget and how it will benefit the economy, corporate India and market during a telephonic interview with Anil Singhvi, Managing Editor, Zee Business. Edited Excerpts:

Bandhan Bank is a financial investment for us, while HDFC Bank is a strategic investment: Deepak Parekh

Bandhan Bank is a financial investment for us, while HDFC Bank is a strategic investment: Deepak Parekh

Tue, Jan 08, 2019

There is a great synergy between Bandhan bank and Gruh Finance, a company that raises funds from the market and has its presence in west India, says Deepak Parekh

NBFC crisis in India is over, says Deepak Parekh

NBFC crisis in India is over, says Deepak Parekh

Sun, Jan 06, 2019

NBFC crisis in India is over, says Deepak Parekh, Chairman of Housing Development Finance Corporation.

Why Deepak Parekh made massive claim about mutual funds AUM

Why Deepak Parekh made massive claim about mutual funds AUM

Fri, Aug 24, 2018

Besides, structural reforms like a formalisation of the Indian economy, financialisation of savings, financial inclusion endeavours, rising share of EPFO funds being allocated to equities, will all play out in strengthening the flows to the mutual fund industry.

Deepak Parekh on HDFC Bank deputy MD Paresh Sukthankar, once Aditya Puri's likely successor

Deepak Parekh on HDFC Bank deputy MD Paresh Sukthankar, once Aditya Puri's likely successor

Mon, Aug 13, 2018

The haze around the succession to the top job at HDFC Bank may have led to Sukthankar, deputy managing director, HDFC Bank, putting in his papers after 24 years of service at the bank.

Over 22% HDFC shareholders voted against Deepak Parekh as director

Over 22% HDFC shareholders voted against Deepak Parekh as director

Tue, Jul 31, 2018

Financial sector doyen Deepak Parekh was re-appointed as non-executive director on the Board of country's largest mortgage lender HDFC, though 22.64 per cent of the shareholders voted against his continuation.

Deepak Parekh: HDFC AMC launching IPO as alternate investment opportunities are lesser now

Deepak Parekh: HDFC AMC launching IPO as alternate investment opportunities are lesser now

Fri, Jul 20, 2018

Country's second-largest mutual fund firm by assets HDFC Asset Management Company (AMC) will launch its initial public offer IPO on July 25 at a price band of Rs 1,095 to 11,00 per share. The IPO will open for subscription by anchor investors on July 24, 2018. Here are the edited excerpts from the interview:

Corporate leaders see private capex revival from H2

Corporate leaders see private capex revival from H2

Fri, Mar 17, 2017

"I think it's round the corner, you will see it this year. Better days are coming because I have never seen such strong macro-economic fundamentals," HDFC chairman Deepak Parekh said at the India Today Conclave here.

CEO salaries at top blue-chip companies soar; average nears Rs 20 crore

CEO salaries at top blue-chip companies soar; average nears Rs 20 crore

Sun, Aug 07, 2016

In a sharp jump, average CEO salary at top listed companies in the private sector is approaching Rs 20 crore -- double the level seen just two years ago at about Rs 10 crore.

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