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Deepak Parekh: ‘Economic challenges are cyclical, not deep-rooted malaise’

“Is there an acknowledgment that the Indian economy has hit a soft patch? Are efforts being made to rectify the same? Can we do better? The answer is clearly “yes” for all these three questions,” he said.

After L&T chief, it’s HDFC chief Deepak Parekh: 'Slowdown is here'

“One is hopeful that normalcy will be restored soon and by the time the festive season sets in, some of the risk averseness should taper off,” Parekh said at the Annual General Meeting of HDFC.

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Health to overtake motor, become largest segment in next five years: Deepak Parekh

According to Parekh, there is a huge opportunity to reach out to more individuals to get them a health insurance policy.

FE CFO Awards: High time banks got back to lending, says Deepak Parekh

Speaking at the FE CFO Awards function in Mumbai, Parekh said leverage and liquidity are the two Ls that a smart CFO has to be the guardian of.

Simply put: Contested words of advice

Calls to regulate global proxy advisory firms mounted after 2 US-based firms recommended a vote against re-election of 3 Indian stalwarts to HDFC Board. What are these firms, why is their working contentious?

Post HDFC vote, foreign proxy advisory firms’ role under question

Former RBI Governor Bimal Jalan and chartered accountant Bansi Mehta opted out of the voting for re-election as directors when it became clear that 2 global proxy firms and a domestic firm had advised investors to vote against their re-election.

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Deepak Parekh re-appointed as non-exec director of HDFC; 22.64 per cent shareholders voted against his continuation

Deepak Parekh, chairman of HDFC , who has been at the helm of the firm for 30 years, got 77.36 per cent vote of shareholders at the annual general meeting (AGM) of the company held in Mumbai on July 30.

HFCs should be allowed to fund land developers: Deepak Parekh

The regulators have not allowed banks and housing finance companies to fund land transactions, yet non-banking financial companies (NBFCs) and private equity players are permitted to do so in the past 12 years.

Deepak Parekh on clean-up of PSU Banks: Too much anesthesia can turn patient comatose

Parekh called for a total overhaul of the public sector banks allowing the entry of right talent, prospective new investors and the Bankruptcy Code.

Dangerous to undercut interest rates: HDFC Chairman Deepak Parekh

“If you want to take market share and undercut interest rate, it’s so sensitive that it can clean up the market," said Parekh.

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