The Da Vinci of Indian Finance
A colossus in the Indian financial landscape, Deepak Parekh is distinguished by his unique trifecta of business acumen, talent honing and genuine interpersonal warmth.
A colossus in the Indian financial landscape, Deepak Parekh is distinguished by his unique trifecta of business acumen, talent honing and genuine interpersonal warmth.
The merged entity’s gross advances grew 13.1% YoY to ₹22.45 lakh crore, while deposits rose 16.2% YoY to ₹20.63 lakh crore.
RBI approved HDFC Bank or HDFC to increase the shareholding to more than 50% in HDFC Life Insurance and HDFC ERGO General Insurance Company Limited prior to the effective date of the merger.
HDFC Bank shares have fallen 14% over the last 12 months and underperformed the Bank Nifty by 15% during the period.