Thursday, February 26, 2009

Deepak Parekh to head HDFC till December 2009



Deepak Parekh has been reappointed by the HDFC board to continue as the executive chairman of the financial institution till December 2009.

Mr Parekh, 64, has been reappointed as managing director of the corporation (designated as chairman) with effect from March 1, 2009, to December 31, 2009, subject to shareholders’ approval in the next annual general meeting.

Chances are that Mr Parekh will continue as a non-executive chairman from January 2010. Mr Parekh has been a part of Housing Development Finance Corporation Limited (HDFC) for nearly three decades having joined the organisation in 1978, a year after it was set up.

Mr Parekh had quit his job at Chase Manhattan Bank in New York to join HDFC at the insistence of his uncle HT Parekh, who was the founder and chairman of the country’s first housing finance company.
To read more, please, visit - -The Economic Times

HDFC's India Homes Fair in Saudi Arabia: 26th & 27th February, Carlton Hotel, Al Khobar

Related Stories:

1) HDFC to charge borrowers for switching bank

2) Correction in real estate is bound to come - Deepak Parekh, Chairman, HDFC

Holy Cow!

Do you think that builder and banker are two sides of the same coin? What is your take on the most trusted and respected housing finance company in India, HDFC? Please, share your views in the comments. (Comments Policy)

Feel free to call me:

I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market (so, i do not charge anything for the first 5 minutes!) Call +91 98600 44110

Subscribe for Free!

To receive free emails or free RSS feeds, please, subscribe to Ravi Karandeekar's Pune Real Estate Investment Blog

For my blogs on Pune real estate market news, real estate projects near Hinjewadi, real estate advertising and marketing in Pune and other related topics, please, visit and join my Ravi Karandeekar's Pune Real Estate Blog Group

No comments:

Post a Comment