Page 2 - Deepak Parekh

Deepak Parekh resigns as non-executive chairman of HDFC Ergo

HDFC Ltd, which holds over 50% stake in HDFC Ergo, has nominated its Vice Chairman and MD Keki Mistry as non-executive chairman of the insurance firm

Greater confidence now of co-existing with virus: HDFC Deepak Parekh

HDFC Chairman Deepak Parekh said after almost two years into the pandemic, there is now greater confidence of co-existing with the virus and the optimism of a return to near normalcy.

Minor rise in interest rates won't impact home loan demand: Deepak Parekh

Says rates are at historic lows now; a housing loan is a long-term loan during which rates move up and down and a customer who wants a house won't hold back just because they are rising currently

Best of BS Opinion: Hope fades for PSBs, a future without promoters & more

Here are the best of Business Standard's opinion pieces for Wednesday

India's economic fundamentals strong, recovery underway, says Deepak Parekh

Weak credit growth, however, remains the key laggard

Regulatory wrinkles should be ironed out to give HFCs a better deal: Parekh

Parekh said his personal view was that Regulation and supervision are critical functions in any financial system and it is important that trust between a regulator and regulatee is never compromised.

Higher tech investment in realty will lead to better governance: Parekh

Investment in property technology, including digital backbone, should increase efficiency through real-time monitoring of real estate projects

HDFC Chairman Deepak Parekh settles matter with Sebi; to pay Rs 9.37 lakh

Parekh has settled with markets regulator Sebi a matter of non-compliance with an erstwhile listing agreement

Worst behind us; India's GDP growth to turn positive in Q4: Deepak Parekh

Parekh, the non-executive chairman of mortgage lender HDFC, said residential housing sales for this quarter have gone up by 34 per cent as people are buying ready-to-move-in apartments

Economy on recovery path, piggy-riding rural rebound: Deepak Parekh

Advising people not to get too perturbed with the forecasts of negative growth, he said the economy will recover for sure assuming that there are no further lengthy and complete lockdowns in future

Don't extend loan moratorium, it is being misused, Deepak Parekh urges RBI

Says some able borrowers are using it to deliberately delay payments

SC questioning RBI on moratorium unfortunate: HDFC chairman Deepak Parekh

In his frank address, Parekh was critical of the Supreme Court for questioning the Reserve Bank of India's (RBI) move to allow banks and housing finance companies (HFC) to charge interest

Banks to non-profit: How Luis Miranda made connecting with people his asset

Miranda tells Anjuli Bhargava how his life has been a series of happy accidents and unexpected connections

RBI should start buying corporate bonds to provide liquidity: Deepak Parekh

According to him, interest rates will go down further, but banks must pass them on to companies.

Banks unanimous in seeking one-time loan restructuring for realtors

State Bank chairman Rajnish Kumar said if there is scope for restructuring, then one should do it

One-time restructuring should be allowed for some loans: HDFC chairman

Parekh said builders had erred in the past by over-leveraging and going on a land-buying spree.

'Brutally unfair' that system can't protect common man's savings: Parekh

"To my mind, there is no greater cardinal sin in finance than misuse of the common man's hard earned savings"

Student housing, retirement homes, co-living will help realty grow: Parekh

"They are also getting into warehousing, including for food, data, commodities etc. Warehousing is a big business now," Parekh also added

HDFC keen to contribute to govt's Rs 20,000 cr realty fund: Deepak Parekh

"This fund, in which the government will put in Rs 10,000 crore and a similar amount will come in from public and private sector institutions, is a path-breaking move"

Banks have turned risk averse, says HDFC chairman Deepak Parekh

One is hopeful that normalcy will be restored soon and by the time the festive season sets in, says Parekh