Deepak Parekh

Budget 2020: HDFC Pitches For One-Time Loan Recast For Realty Projects

Business | Press Trust of India | Saturday February 1, 2020

HDFC Chairman Deepak Parekh said that lenders are not able to write new loans for projects because a new borrowing by an entity which is already a non-performing asset, becomes an NPA on day one.

Deepak Parekh To Stay On HDFC Board; 22.64% Votes Against Him

Business | Press Trust of India | Wednesday August 1, 2018

Nearly 23% of HDFC shareholders voted against Deepak Parekh's continuation. A prominent voice of the industry and HDFC Chairman, Mr Parekh has been at the helm of the mortgage lender for close to three decades.

HDFC's Deepak Parekh Made London's Global Ambassador

World News | Press Trust of India | Tuesday December 5, 2017

The Mayor of London, Sadiq Khan has named noted Indian businessman, Deepak Parekh, as 'International Ambassador' who will be tasked with championing the UK capital across the globe.

Deepak Parekh Says With Merger Off Table, Focus Is On HDFC Life IPO

Business | Press Trust of India | Wednesday July 26, 2017

Deepak Parekh said the initial public offer or IPO is likely to come in by late November or in the first week of December.

HDFC To List Subsidiaries At Opportune Time: Deepak Parekh

Business | Press Trust of India | Sunday June 25, 2017

Talking about the subsidiaries, Parekh said HDFC has a unique structure, both as a single product financial company and parent of group companies.

Will Tax Reforms Make Housing Cheaper? Yes, Says Deepak Parekh

Business | Press Trust of India | Monday May 1, 2017

The government is focusing on "practical and realistic steps"to make housing affordable, Parekh said.

Education Is Not Merely Accumulation Of Knowledge, Says Eminent Banker

Education | Edited by Anisha Singh | Monday April 3, 2017

Noted Banker Deepak Parekh speaking at the inauguration of the senior wing of The HDFC School at Gurugram on April 1 said that education is not just accumulation of knowledge in a bucket and said that children should be prepared to face an ugly world where even the advanced nations are increasingly becoming intolerant toward outsiders.

Time To Bite The Bullet To Resolve Bad Loans Issue: Deepak Parekh

Business | Press Trust of India | Thursday March 16, 2017

Besides, a clean-up by the government should not signal that errant borrowers can get away with defaulting on their loans, the veteran industry leader said.

Top CEOs Meet Commerce Minister Ahead Of Indo-US Meet

Business | Press Trust of India | Monday August 29, 2016

A day ahead of the India-US CEO Forum meeting on Tuesday, Commerce Minister Nirmala Sitharaman held wide ranging discussions with top industry leaders on issues such as energy and manufacturing with a view to boosting economic ties with America.

India Never Been In Stronger Position Than Today: HDFC's Deepak Parekh

Business | Press Trust of India | Monday August 29, 2016

HDFC chairman Deepak Parekh on Monday said India's economy is in a "stronger position" and demonstrating an immense growth potential with a strong leadership at the helm bringing in key reforms.

Deepak Parekh Gives Thumbs-Up To Modi Government's Performance

Business | NDTV Profit Team | Tuesday August 2, 2016

Deepak Parekh, chairman of India's biggest home loan lender HDFC, was all praise for the way the Modi government has handled the economy in the last two years. 71-year-old Mr Parekh, who last year criticised the government for the lack of changes on the ground, said India has come a long way since then.

World's First 'Masala' Bond Adds Spice At London Stock Exchange

Business | NDTV Profit Team | Monday August 1, 2016

The first ever rupee-denominated bond in the world by an Indian company was launched today by HDFC Ltd. Termed as 'masala bond', the company's chairman Deepak Parekh launched it in the land of James Bond!

Deepak Parekh For Allowing Banks, Housing Finance Firms To Fund Land Deals

Business | Press Trust of India | Sunday June 26, 2016

In a strong pitch for the Reserve Bank of India to allow banks and housing finance companies to fund land transactions, industry leader Deepak Parekh has said non-banking financial companies (NBFCs) and foreign private equity players are charging exorbitant rates that push up the cost of land.

Government Rejects Panel Of 3 Names For IIM-Ahmedabad Chief Post

India News | Press Trust of India | Sunday May 29, 2016

The HRD ministry has rejected a panel of three names that included HDFC chairman Deepak Parekh to head the prestigious Indian Institute of Management, Ahmedabad (IIM-A) and sought a fresh list of candidates.

Vinod Rai in Race for Banks Board Bureau Top Post: Report

Business | Press Trust of India | Friday February 26, 2016

Mr Rai is a former Comptroller and Auditor General (CAG) of India.