July 21, 2021 12:42 am
As on June 18, bank credit growth stood at 5.8 per cent year-on-year, according to RBI data.
June 24, 2021 3:51 am
“Banks and insurance companies have not migrated to IndAS, but it has been 3 years since NBFCs have. While this isn’t a level playing field, it may be prudent to at least resolve these open-ended issues sooner than later,” Parekh said.
July 31, 2020 5:09 am
HDFC Chairman Deepak Parekh Thursday said the COVID-hit economy is likely to recover on the back of the rural sector and “signs of the wheels of the economy beginning to churn are evident”.
July 03, 2020 12:54 am
Allowing the problem to fester, may result in a rise in non-performing loans, which in turn will weaken the overall financial sector, said Deepak Parekh.
November 07, 2019 4:30 am
According to Parekh, if these restructured accounts are considered as standard assets for a period of say, 12 months, lenders will stop being so diffident.
October 11, 2019 12:15 am
“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.
August 03, 2019 7:19 pm
“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.
June 20, 2019 3:50 am
According to Parekh, there is a huge opportunity to reach out to more individuals to get them a health insurance policy.
March 27, 2019 3:39 am
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.
August 09, 2018 3:51 am
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?