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Deepak Parekh


About Deepak Parekh

Dr. Deepak S. Parekh is a renowned Indian Business personality and a specialist in finance domain. He is attributed to be the person behind HDFC, a leading Indian financial services company. On January 11, 2009, he is named one of the Independent Director of the troubled IT company Satyam Computer Services.

Professional Biography

Mr. Parekh is serving as the Chairman and Chief Executive Officer of Housing Development Finance Corporation Limited ('HDFC'), an Indian housing finance company major. Parek is associated with HDFC since he joined it in 1978. Since 1994, he is the non-executive Chairman GlaxoSmithKline Pharmaceuticals Ltd. Mr. Parekh is also a director on the board of several Indian public companies such as Siemens Ltd. (since 2003), HDFC Chubb General Insurance Co. Ltd. (since 2002), HDFC Standard Life Insurance Co. Ltd. (since 2000), HDFC Asset Management Co. Ltd (since 2000), Housing Development Finance Corporation Ltd (since 1985), Castrol India Ltd. (since 1997), GlaxoSmithKline Pharmaceuticals Ltd. (since 1994), Infrastructure Development Finance Co. Ltd (since 1997), Hindustan Lever Ltd. (since 1997), Hindustan Oil Exploration Corporation Ltd. (since 1994), Mahindra & Mahinda Ltd. (since 1990) and The Indian Hotels Co. Ltd. (since 2000).

Personal Biography

Mr. Parekh received a Bachelor of Commerce degree from the Bombay University and holds a Financial Chartered Accountant degree from England and Wales. He started his career with Ernst & Ernst Management Consultancy Services.

In December 09, the High Level Task Force headed by Parekh has noted that housing is central to economic growth and has multiplier effects on employment and poverty reduction.

Ranking / Recognition / Awards / Nominations / Postive comments

Deepak Parekh in News

ICAEW Hosts Annual Convocation: Congratulates their Scholarship Holders of 2014-15 and Welcomes Them to a World of Managing Growth in Turbulent Times
Business Wire IndiaInstitute of Chartered Accountants in England & Wales (ICAEW), a world leading professional membership organization, is all set to congratulate its Scholarship holders of 2014 –15 on 27th October, 2015 in Mumbai

HDFC Ltd Financial Results for the Quarter Ended June 30, 2015 Standalone and Consolidated
Business Wire IndiaPerformance Highlights   Standalone profit after tax at Rs. 1,361 crore for the quarter ended June 30, 2015 Standalone Net Interest Margin for the quarter ended June 30, 2015 at 3.8%, spread on loans at 2.31% 23% growth in the individual loan book (after adding back the loans sold in the preceding 12 months) Gross non-performing loans at 0

Mr. Deepak Parekh Launches First 'HDFC School' in Gurgaon
Business Wire IndiaHousing Development Finance Corporation Ltd (HDFC Ltd), India's leading housing finance company launched its first school, ‘The HDFC School’ in Gurgaon, Sector 57, Block C, Sushant lok III for academic year 2015-2016

BAE Systems Names Deepak Parekh as its India Chairman
Business Wire IndiaBAE Systems has appointed Deepak Parekh, Chairman of HDFC Ltd, as a non-executive Director and Chairman of its Indian subsidiary, BAE Systems India (Services) Private Limited, with effect from1st January, 2015.   Mr Parekh’s association with BAE Systems began in 2010 when he was appointed as a member of the Company’s Independent Advisory Board for India

LANXESS Director Featured in ‘India’s Top 40, Under 40’ Business Leaders by ET-Spencer Stuart
Mr. Neelanjan Banerjee, Senior Executive Director, LANXESS India Private Limited has a new feather in his cap this year. A joint study by The Economic Times and Spencer Stuart, has come up with a list of top 40 business leaders in India who are under the age of 40. This award was handed over to Banerjee at a grand ceremony in Mumbai, on April 29, 2014 by Mr

MSPL Bags CFBP Jamnalal Bajaj Award for Fair Business Practices for the 2nd Time
Customers Remain Victims of Mis-selling & Unfair Pricing Mr. Deepak Parekh, Chairman, HDFC Ltd said that the long term sustainability of an organization depends on organization’s culture, values and ethics

WNS Appoints Adrian Dillon and Renu Karnad to Board of Directors
WNS (Holdings) Limited (WNS) (NYSE: WNS), a leading provider of global business process outsourcing (BPO) services, today announced the appointment of Mr. Adrian Dillon and Mrs. Renu Karnad to the Board of Directors of WNS (Holdings) Limited with immediate effect. Mr

Ernst & Young Entrepreneur Of The Year Award 2011 Winners Announced
Mr. Rahul Bhatia, Group Managing Director, InterGlobe Enterprises, the country’s foremost travel conglomerate, was today named as the Ernst & Young Entrepreneur of The Year 2011. Seven other successful entrepreneurs received these coveted awards across various categories at a magnificent celebratory banquet attended by over 400 of the country’s foremost business leaders here today in Mumbai

RuralShores in Growth Mode Celebrates Employing Over 1,000 Rural Youth
RuralShores celebrated crossing the threshold of providing employment to one thousand rural youth by hosting an event at its first centre at Bagepalli, Karnataka (approximately 100 kms from Bangalore). The theme of the event was `Illuminating a Thousand Rural Families'. The function was presided by Honourable Union Corporate Affairs Minister, Dr. M. Veerappa Moily, Mr

HDFC’S Strategic Foray into the Indian Education Sector
Housing Development Finance Corporation Limited (HDFC) has announced strategic plans to enter the Education Sector. Over the last 34 years, HDFC has played a pioneering role in enabling India’s middle income households to own affordable homes

Open Letter II to our Leaders
Mr Jamshyd Godrej, Justice Sam Variava, Prof M Narasimham, Mr Yezdi Malegam, Ms Anu Aga, Dr A Vaidyanathan, Dr Bimal Jalan, Mr Keshub Mahindra, Mr Deepak Parekh, Mr N Vaghul, Mr Azim Premji, Mr Nachiket Mor, Justice B N Srikrishna and Dr Ashok Ganguly, are a small group of like-minded citizens who are concerned with the state of affairs of the nation

Shaheed Sukhdev College of Business Studies (SSCBS), declared winner of the SIFE India National Championship 2011
Students in Free Enterprise India (SIFE India), part of SIFE International, a non-profit organization operating in 39 countries globally, today announced that Shaheed Sukhdev College of Business Studies (SSCBS), from New Delhi was named ‘SIFE India National Champion 2011’. The winning team will represent India at the SIFE World Cup 2011 in Kuala Lumpur, Malaysia, this October

Top Eight Colleges from Mumbai Regional Competition, qualify for SIFE India National Competition 2011
Students in Free Enterprise India (SIFE India), a part of SIFE International, a non-profit organisation operating in 39 countries globally, today announced the names of top eight qualifying colleges from SIFE India Mumbai Regional Competition, held at Hotel Intercontinental, The Lalit, Mumbai. The eight colleges, namely, Army Institute of Management – Kolkata, D.Y. Patil University - Dept

Indian Institute for Human Settlements Receives a Rs. 50 Crore Gift from Nandan and Rohini Nilekani
Nandan and Rohini Nilekani have announced a generous gift of Rs. 50 crore ($ 11 million) to the Indian Institute for Human Settlements (IIHS) to fund the establishment of its School of Environment and Sustainability. They issued a joint statement, saying that “IIHS is at the convergence of both our interests in education, urbanisation and sustainability

Top Four Colleges from Northern Regional Competition, qualify for SIFE India National Competition 2011
Students in Free Enterprise India (SIFE India), a part of SIFE International, a non-profit organisation operating in 39 countries globally, today announced the names of top four qualifying colleges from SIFE India Northern Regional Competition, held at Hotel Radisson Suites, Gurgaon

Top 8 Colleges from Southern Regional Competition, qualify for SIFE India National Competition 2011
Students in Free Enterprise India (SIFE India), a part of SIFE International, a non-profit organisation operating in 39 countries globally, today announced the names of top 8 qualifying colleges from Chennai & Bengaluru, at the SIFE India Southern Regional Competition, held at Hotel Savera, Chennai

Pranab Mukherjee to present Union Budget in Parliament
Finance Minister Pranab Mukherjee will present the Union Budget 2011-12 proposals in Parliament today.

JD -U wants agriculture, farmer-friendly Union Budget
Ahead of the presentation of the Union Budget 2011-12, Janata Dal-United (JD -U) chief Sharad Yadav on Sunday said his party wanted an agriculture and farmer-friendly budget.

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