Deepak Parekh

Last updated on 2017-05-03T08:05+0300.

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Deepak Parekh said : “I don’t believe that spurt in housing demand in the last few months is a pent-up demand. The aspirations to own a home is inherent in every household and all of us here are mindful that the country still faces an immense shortage of quality and affordable housing. Yet this goes to show that with supportive government policies, adequate availability of resources and supply of rightly priced homes, the demand for home loans will continue unabated,” External link

financialexpress Wednesday, January 6, 2021 5:58:00 AM EAT

Deepak Parekh said : "The merger of HDFC ERGO Health Insurance with HDFC ERGO General Insurance is a moment of pride for us. This marks the second successful merger in India's general insurance sector, following the merger of L & T General Insurance and HDFC ERGO in 2017. It makes HDFC ERGO the one-stop-shop for all our general and health insurance offerings. Health insurance is expected to be one of the growth drivers for the general insurance industry, and with this merger, we are now a dominant player within the health insurance industry," External link

business-standard Friday, November 13, 2020 6:33:00 PM EAT

Deepak Parekh said : "for the first quarter we had contraction of 24 per cent but I am not too worried about that because India was in complete lockdown for most part of the quarter" "For this (second) quarter which ended in September, we are expecting minus 5 per cent and last quarter we will be in positive territory. So I remain reasonably optimistic about India's potential," External link

business-standard Thursday, October 8, 2020 9:51:00 PM EAT

Deepak Parekh said : "for the first quarter we had contraction of 24 per cent but I am not too worried about that because India was in complete lockdown for most part of the quarter" "For this (second) quarter which ended in September, we are expecting minus 5 per cent and last quarter we will be in positive territory. So I remain reasonably optimistic about India's potential," External link

economictimes Thursday, October 8, 2020 9:33:00 PM EAT

Deepak Parekh said : “There is pent-up demand. I feel demand for smaller apartments will rise as people want to buy new homes,” External link

business-standard Thursday, August 27, 2020 9:48:00 PM EAT

Deepak Parekh said : “Developers are cash-strapped due to Covid, and depending on their conditions, are ready to give good deals,” External link

business-standard Thursday, August 27, 2020 9:48:00 PM EAT

Deepak Parekh said : “No private hospital has been acquired in our district for Covid treatment . Being asymptomatic, we have been asked to get admitted in a makeshift Covid Care centre in our tehsil headquarters. This centre has poor facilities,” External link

timesofindia Wednesday, August 12, 2020 2:57:00 AM EAT

Deepak Parekh said : “Sashi was the unanimous choice. There was no argument, discussion, or anything. Everyone agreed he was the first choice,” External link

timesofindia Wednesday, August 5, 2020 12:48:00 AM EAT

Deepak Parekh said : “Please do not extend the moratorium. Because we see that people who have ability to pay are taking advantage under this moratorium and deferring payment. There is talk of another extension which is going to hurt us, the smaller NBFCs particularly,” External link

Hindu Saturday, August 1, 2020 10:04:00 PM EAT

Deepak Parekh said : “Today, the bright spot for India is the rural economy. A good monsoon, strong agricultural growth and government support through rural employment guarantee schemes is enabling rural consumption to lead India’s overall recovery,” External link

expressindia Friday, July 31, 2020 5:19:00 AM EAT

Deepak Parekh said : “Certain sectors are limping back to normalcy, but the strong probability of cycling in and out of lockdowns does remain,” “My view is that one should not be too perturbed with forecasts of negative GDP growth rates. Most believe India’s GDP growth which was slowing down in the pre-Covid era will contract by about 5 per cent this year,” External link

expressindia Friday, July 31, 2020 5:19:00 AM EAT

Deepak Parekh said : “It has been an extremely challenging time for everyone … Yet, from the utter despair that the world was in towards the end of March and the month of April since then, there has been a great deal of stability in the financial markets,” External link

expressindia Friday, July 31, 2020 5:19:00 AM EAT

Deepak Parekh said : “My view is that one should not be too perturbed with forecasts of negative GDP (gross domestic product) growth rates. Most believe that India’s GDP growth which was slowing down in the pre-Covid era will contract by about 5% this year. But recovery will happen assuming no further lengthy and complete lockdowns in future,” External link

financialexpress Friday, July 31, 2020 3:45:00 AM EAT

Deepak Parekh said : “Today, the bright spot for India is the rural economy. A good monsoon, strong agricultural growth and government support through rural employment guarantee schemes is enabling rural consumption to lead India’s overall recovery,” External link

financialexpress Friday, July 31, 2020 3:45:00 AM EAT

Deepak Parekh said : “I do hope some of the state governments will offer some sweeteners like SAY, a temporary stamp duty waiver to encourage more homebuyers,” External link

financialexpress Friday, July 31, 2020 3:45:00 AM EAT

Deepak Parekh added : “Many large companies have in fact acquired or leased commercial properties during this period – particularly in Bengaluru and Hyderabad. There is demand for real estate from newer sectors like warehousing, e-commerce companies and from cloud and data centre parks as they seek to increase their data storage capacities as well,” External link

financialexpress Friday, July 31, 2020 3:45:00 AM EAT

Deepak Parekh added : “There is demand for real estate from newer sectors like warehousing, e-ecommerce companies and from cloud and data centres parks as they seek to increase their data storage capacities as well” External link

business-standard Thursday, July 30, 2020 6:43:00 PM EAT

Deepak Parekh said : "Since the Independence, we have had recessions only thrice - 1958, 1966 and 1980 and all of the three was caused by poor monsoons which hit agriculture... Today, the bright spot for us is the rural economy. A good monsoon, strong agricultural growth and government support through rural employment guarantee scheme is enabling rural consumption to lead the overall recovery," External link

business-standard Thursday, July 30, 2020 6:43:00 PM EAT

Deepak Parekh said : "Since the Independence, we have had recessions only thrice – 1958, 1966 and 1980 and all of the three was caused by poor monsoons which hit agriculture… Today, the bright spot for us is the rural economy. A good monsoon, strong agricultural growth and government support through rural employment guarantee scheme is enabling rural consumption to lead the overall recovery," External link

news-yahoo-in Thursday, July 30, 2020 6:18:00 PM EAT

Deepak Parekh told : “Demand for two-wheelers and tractors have risen, even though passenger and commercial vehicle demand remains subdued on the back of the timely onset of the monsoons,” External link

financialexpress Thursday, July 30, 2020 5:21:00 PM EAT

Deepak Parekh said : “Since the Independence, we have had recessions only thrice – 1958, 1966 and 1980 and all of the three was caused by poor monsoons which hit agriculture… Today, the bright spot for us is the rural economy. A good monsoon, strong agricultural growth and government support through rural employment guarantee scheme is enabling rural consumption to lead? the overall recovery,” External link

financialexpress Thursday, July 30, 2020 5:21:00 PM EAT

Deepak Parekh said : "Since the Independence, we have had recessions only thrice - 1958, 1966 and 1980 and all of the three was caused by poor monsoons which hit agriculture... Today, the bright spot for us is the rural economy. A good monsoon, strong agricultural growth and government support through rural employment guarantee scheme is enabling rural consumption to lead the overall recovery," External link

timesofindia Thursday, July 30, 2020 4:56:00 PM EAT

Deepak Parekh said : "Since the Independence, we have had recessions only thrice - 1958, 1966 and 1980 and all of the three was caused by poor monsoons which hit agriculture... Today, the bright spot for us is the rural economy. A good monsoon, strong agricultural growth and government support through rural employment guarantee scheme is enabling rural consumption to lead the overall recovery," External link

economictimes Thursday, July 30, 2020 4:12:00 PM EAT

Deepak Parekh said : “We see that even those who can pay — whether individual or corporates — are taking advantage of the moratorium and not repaying, and it is hurting us. There is some talk that the moratorium is going to be extended, our request is that it should not be done,” External link

economictimes Tuesday, July 28, 2020 6:07:00 AM EAT

Deepak Parekh said : “According to RBI’s projections, NPAs (non-performing assets) could be 12.5-14.7% next year. If restructuring is not given and banks, NBFCs (non-banking financial companies) and microfinance companies with this kind of NPAs will see their ratings come down, they will not have access to funding and we will have a major crisis,” External link

economictimes Tuesday, July 28, 2020 6:07:00 AM EAT

Deepak Parekh said : “We see that even those who can pay — whether individual or corporates — are taking advantage of the moratorium and not repaying, and it is hurting us. There is some talk that the moratorium is going to be extended, our request is that it should not be done,” External link

timesofindia Tuesday, July 28, 2020 6:06:00 AM EAT

Deepak Parekh said : “According to RBI’s projections, NPAs (non-performing assets) could be 12.5-14.7% next year. If restructuring is not given and banks, NBFCs (non-banking financial companies) and microfinance companies with this kind of NPAs will see their ratings come down, they will not have access to funding and we will have a major crisis,” External link

timesofindia Tuesday, July 28, 2020 6:06:00 AM EAT

Deepak Parekh said : “Please do not extend the moratorium because we see that even people who have the ability to pay – whether it is individuals or corporates – are taking advantage under this moratorium and deferring payment…There is some talk that there will be another extension of three months. It’s going to hurt us, and hurt the smaller NBFCs particularly,” External link

financialexpress Tuesday, July 28, 2020 5:48:00 AM EAT

Deepak Parekh told : “We see that even entities that have the ability to pay, whether it’s corporates or individuals, are taking advantage of this and deferring payment. We hear that there is some talk of extending the moratorium. It’s going to hurt and hurt smaller NBFCs,” External link

HindustanTimes Tuesday, July 28, 2020 4:52:00 AM EAT

Deepak Parekh told : “Please do not extend the moratorium because we see that even people who have the ability to pay, whether individuals or corporates, are taking advantage under this moratorium and deferring payment,” External link

expressindia Tuesday, July 28, 2020 3:29:00 AM EAT

Deepak Parekh said : “Look at this time next year… if restructuring is not given, the amount of NPAs in your own report is 12.5 per cent in March 2021, or it could even be 14.7 per cent. Now, if banks, NBFCs and microfinance, whatever, if they have these kinds of NPA restructuring like we had done in 2008… it is worth considering to save future problems,” External link

expressindia Tuesday, July 28, 2020 3:29:00 AM EAT

Deepak Parekh said : “Please do not extend the moratorium. We see people, who have the ability to pay, taking advantage under this moratorium and deferring payment. There is talk of another extension — that would hurt us, particularly smaller non banking finance companies (NBFCs),” External link

Hindu Monday, July 27, 2020 9:27:00 PM EAT

Deepak Parekh wrote : “We are now emerging into a scenario where there may be inorganic opportunities for our group firms. Some of our subsidiaries will need additional capital for expansion. We have also identified new investment opportunities to help build the next generation of value creators,” External link

business-standard Tuesday, July 7, 2020 4:40:00 PM EAT

Deepak Parekh wrote : “We are now emerging in a scenario where there may be inorganic opportunities for our group firms. Some of our subsidiaries will need additional capital for expansion. We have also identified new investment opportunities to help build the next generation of value creators,” External link

business-standard Monday, July 6, 2020 7:15:00 PM EAT

Deepak Parekh wrote : “The saga of the highest court of law questioning the RBI on the moratorium was indeed unfortunate. Why should a central bank have to be answerable to a court on basic principles which the financial sector operates on?” External link

financialexpress Friday, July 3, 2020 12:00:00 PM EAT

Deepak Parekh said : “India’s sheer numbers means domestic demand has to revive. The challenges are daunting, but I remain confident that India will display its resilience,” External link

expressindia Friday, July 3, 2020 3:23:00 AM EAT

Deepak Parekh said : “This (loan recast) has been a long standing request and a measure implemented in the past to revive the sector. If developers do not have cash flows due to a slowdown in sales or delay in receiving requisite building approvals, they can neither complete the existing projects nor can they service their loans,” External link

expressindia Friday, July 3, 2020 3:23:00 AM EAT

Deepak Parekh wrote : “we are now emerging into a scenario where there may be inorganic opportunities for our group firms. Some of our subsidiaries will need additional capital for expansion. We have also identified new investment opportunities to help build the next generation of value creators,” External link

business-standard Thursday, July 2, 2020 11:13:00 PM EAT

Deepak Parekh said : “We know our position is considerably stronger than most of our peers. We kept building buffers and erred on the side of abundant caution on provisioning requirements. Each time we did this, it was always from a position of strength,” External link

business-standard Thursday, July 2, 2020 11:13:00 PM EAT

Deepak Parekh said : “The saga of the highest court of law questioning the RBI on the moratorium was indeed unfortunate. Why should a central bank have to be answerable to a court on basic principles that the financial sector operates on? Interest payments on borrowings and loans are contractual obligations. No laws are being violated,” External link

business-standard Thursday, July 2, 2020 11:13:00 PM EAT

Deepak Parekh said : “Allowing for restructuring of these loans and categorising them as standard assets will facilitate last-mile funding,” External link

business-standard Thursday, July 2, 2020 11:13:00 PM EAT

Deepak Parekh said : “real estate prices have to be realistic to reflect market realities. This will help developers offload unsold inventory and improve cash flow,” External link

business-standard Thursday, July 2, 2020 11:13:00 PM EAT

Deepak Parekh said : “I think the prices of real estate have to come down... I feel one must be prepared for even 20 per cent,” External link

newindianexpress Sunday, June 7, 2020 8:15:00 AM EAT

Deepak Parekh said : “Next six months are going to be extremely tough. You need liquidity. Get the cash flows coming by selling properties at whatever prices you get. Don’t sit on the completed properties,” External link

business-standard Wednesday, June 3, 2020 10:21:00 PM EAT

Deepak Parekh said ( about India Private Ltd ) : “We should make it easy for the Japanese to come to India rather than them going to Malaysia, Vietnam or Thailand. [Indian] states have to take the initiative and offer them 2,000 to 5,000 acres in some special zone where they do not have to look for land or building approvals,” External link

ibtimes Thursday, May 7, 2020 10:04:00 PM EAT

Deepak Parekh said : “That would offer a better way to renegotiate timelines of repayment than the legal complications of triggering force majeure clauses,” External link

financialexpress Saturday, April 18, 2020 1:49:00 AM EAT

Deepak Parekh said : “For starters, I believe that real estate prices have to come down and they will come down. Naredco’s (National Real Estate Development Council) estimate is 10-15%. I had said somewhere that one must be prepared for even 20%,” External link

financialexpress Wednesday, April 15, 2020 4:18:00 AM EAT

Deepak Parekh said : “For instance, you can offer for the first 45 days, if the migrant labour comes back from their village, the government and the developer community will help them and partly pay for their travel cost and insurance cost,” External link

financialexpress Wednesday, April 15, 2020 4:18:00 AM EAT

Deepak Parekh said : “Many recommendations have been made to RBI to directly purchase corporate bonds and commercial papers of the private sector as the primary markets have dried up,” External link

financialexpress Wednesday, April 15, 2020 4:18:00 AM EAT

Deepak Parekh said : “Make some compromise on valuation. Anyone — foreign, private, sovereign wealth fund, high networth individual — who is willing to put some money as equity. You need equity,” External link

financialexpress Wednesday, April 15, 2020 4:18:00 AM EAT

Deepak Parekh said : “Next six months are going to be extremely tough. You need liquidity. Get the cash flows coming by selling properties at whatever prices you get. Don’t sit on the completed properties,” External link

business-standard Wednesday, April 15, 2020 1:39:00 AM EAT

Deepak Parekh told : “Similarly, we have to join and try to look for (real estate) stressed fund. I will talk to the SBI chairman and see whether we can come together to put capital and get some overseas player like International Finance Corporation (IFC) to come in and invest in that fund,” External link

financialexpress Tuesday, April 14, 2020 8:26:00 PM EAT

Deepak Parekh said : "I think the prices of real estate have to come down and will come down. I believe Naredco''s estimate is between 10-15 percent. I feel one must be prepared for even 20 percent," External link

firstpost Tuesday, April 14, 2020 8:06:00 PM EAT

Deepak Parekh said : "No one who has sanctioned loans to you or given a PE commitment today will agree to disburse post-COVID-19. They will review it again, they will change their mind and they will relook at the big issues," External link

firstpost Tuesday, April 14, 2020 8:06:00 PM EAT

Deepak Parekh said : "I think the prices of real estate have to come down and will come down. I believe Naredco's estimate is between 10-15 per cent. I feel one must be prepared for even 20 per cent," External link

business-standard Tuesday, April 14, 2020 7:25:00 PM EAT

Deepak Parekh said : "No one who has sanctioned loans to you or given a PE commitment today will agree to disburse post COVID-19. They will review it again, they will change their mind and they will relook at the big issues," External link

business-standard Tuesday, April 14, 2020 7:25:00 PM EAT

Deepak Parekh said : “I think the prices of real estate have to come down and will come down. I believe Naredco’s estimate is between 10-15 per cent. I feel one must be prepared for even 20 per cent,” External link

financialexpress Tuesday, April 14, 2020 6:45:00 PM EAT

Deepak Parekh said : “No one who has sanctioned loans to you or given a PE commitment today will agree to disburse post COVID-19. They will review it again, they will change their mind and they will relook at the big issues,” External link

financialexpress Tuesday, April 14, 2020 6:45:00 PM EAT

Deepak Parekh said : "This is absolutely necessary otherwise all lending institutions will have massive non-performing loans and massive provisions to be made. They will start making losses and rating agencies will downgrade everyone and it will be a real disaster because businesses will collapse," External link

business-standard Tuesday, April 14, 2020 4:18:00 PM EAT

Deepak Parekh said : “Today, most of the developers are in a stressful situation and many of them are NPAs or will become NPAs. So, first of all we have to convince the RBI that in the interest of the future of the industry, you have to allow us to do restructuring. Once you do restructuring, we can give you (real estate developers) additional money,” External link

firstpost Tuesday, April 14, 2020 3:05:00 PM EAT

Deepak Parekh said : "This is absolutely necessary otherwise all lending institutions will have massive non-performing loans and massive provisions to be made. They will start making losses and rating agencies will downgrade everyone and it will be a real disaster because businesses will collapse," External link

firstpost Tuesday, April 14, 2020 3:05:00 PM EAT

Deepak Parekh said : “Yields have risen and not fallen despite the steep repo cut as markets know that central and state governments are going to come to the market to borrow heavily. Banks have and will continue to remain risk-averse,” External link

firstpost Tuesday, April 14, 2020 3:05:00 PM EAT

Deepak Parekh said : "This is absolutely necessary otherwise all lending institutions will have massive non-performing loans and massive provisions to be made. They will start making losses and rating agencies will downgrade everyone and it will be a real disaster because businesses will collapse," External link

news18 Tuesday, April 14, 2020 2:54:00 PM EAT

Deepak Parekh said : “Prices should and will come down,” “I believe Naredco’s (National Real Estate Development Council) estimate is between 10-15%. One must be prepared for even 20%” External link

timesofindia Tuesday, April 14, 2020 1:49:00 PM EAT

Deepak Parekh said : "Land is a state subject. Real state prices will come down 20 per cent at least. Developers who have bought land at high prices will take a hit on the projects. Many companies will go bankrupt, MCHI- Credai must talk to the government for a one-time restructuring like in 2008. It will take 8-9 months for things to normalise for real estate," External link

ibtimes-in Sunday, April 12, 2020 6:17:00 PM EAT

Deepak Parekh said : “We should make it easy for the Japanese to come to India rather than them going to Malaysia, Vietnam or Thailand. States have to take the initiative and offer them 2000-5000 acres in some special zone where they do not have to look for land or building approvals,” External link

timesofindia Sunday, April 12, 2020 4:37:00 AM EAT

Deepak Parekh said : “Being over leveraged will be a disaster and avoid debt trap at all costs. Give a discount, let investors make money. Get private equity. Singapore Airlines is doing a rights issue as we speak,” External link

business-standard Saturday, April 11, 2020 11:05:00 PM EAT

Deepak Parekh said : “The yield on USA’s 10-year paper is 0.77 per cent. In India, it is above six per cent. India is at a BBB (lowest investment grade). If we get graded down, we will become a junk bond and this will crash the economy. This is also why it will be difficult to print money,” External link

business-standard Saturday, April 11, 2020 11:05:00 PM EAT

Deepak Parekh said : "These are uncertain and trying times for all of us," External link

business-standard Thursday, April 2, 2020 12:39:00 PM EAT

Deepak Parekh said : "In the aftermath of COVID-19 and with the good intent of over 130 crore Indians, I am certain we will emerge a stronger, more conscious and compassionate nation," External link

business-standard Thursday, April 2, 2020 12:39:00 PM EAT

Deepak Parekh said : “The difficulty may be due to any reason, but there are a large number of depositors, borrowers and employees. We are reasonably confident that the bank will be revived,” External link

taipeitimes Monday, March 16, 2020 9:06:00 PM EAT

Deepak Parekh said : “When I was in my 50s and I got a lifetime achievement award, I was told that it was too early in life. Then when I got a lifetime achievement award in my 60s, I got a subtle hint that I have to hang my boots. Now that I'm in my 70s and I am getting another lifetime achievement award, I'm convinced that I don't need any award, simply because in India we have so many young and amazing achievers,” External link

news18 Saturday, February 29, 2020 8:10:00 AM EAT

Deepak Parekh said : “India will be an important engine for the world,” External link

newindianexpress Thursday, January 30, 2020 9:33:00 AM EAT

Deepak Parekh told ( about Housing Bank ) : "We have requested the NHB (National Housing Bank, sector regulator) and others to take a relook at the provisioning and the NPA issue on projects that are stuck and need the last mile funding," External link

economictimes Tuesday, January 28, 2020 5:50:00 PM EAT

Deepak Parekh told ( about Housing Bank ) : “We have requested the NHB (National Housing Bank, sector regulator) and others to take a relook at the provisioning and the NPA issue on projects that are stuck and need the last mile funding,” External link

financialexpress Tuesday, January 28, 2020 4:13:00 PM EAT

Deepak Parekh said : “Do not be disillusioned with the current difficulties. The tide will and has to change” External link

financialexpress Tuesday, January 28, 2020 2:34:00 PM EAT

Deepak Parekh said : "At the last board meet, I took an idea of investing Rs 100 crore per year in startups," External link

asianage Tuesday, January 28, 2020 1:34:00 PM EAT

Deepak Parekh said : "At the last board meet, I took an idea of investing Rs 100 crore per year in startups," External link

business-standard Tuesday, January 28, 2020 11:39:00 AM EAT

Deepak Parekh said : “At the last board meet, I took an idea of investing Rs 100 crore per year in startups,” External link

Hindu Tuesday, January 28, 2020 11:29:00 AM EAT

Deepak Parekh said : “At the last board meet, I took an idea of investing Rs 100 crore per year in startups,” External link

financialexpress Tuesday, January 28, 2020 11:15:00 AM EAT

Deepak Parekh said : "The great makers of our Constitution clearly intended that the integrity of the Constitution should be preserved against any hasty or ill-conceived changes," External link

business-standard Saturday, January 18, 2020 12:16:00 PM EAT

Deepak Parekh said : "Our Constitution is primarily shaped and moulded for the common man...The great makers of our Constitution clearly intended that the integrity of the Constitution should be preserved against any hasty or ill-considered changes" External link

timesofindia Saturday, January 18, 2020 2:53:00 AM EAT

Deepak Parekh said : "I am an optimist. I am confident about the future of India and that our youth will see India's best days," External link

timesofindia Saturday, January 18, 2020 2:53:00 AM EAT

Deepak Parekh said : “The trust factor is so low among potential homebuyers today. But if a Tata , Mahindra, Godrej or a Shapoorji or a DLF etc comes with a project, they do sell. Even our projects are getting sold because they are with reputed developers. They are also telling the prospective buyers that HDFC has given funding and taken the equity” External link

financialexpress Monday, November 11, 2019 3:53:00 PM EAT

Deepak Parekh said : “We can’t afford to end up in a situation where we cut off the oxygen to even developers with strong balancesheet as lenders remain risk averse,” External link

HindustanTimes Thursday, November 7, 2019 4:23:00 AM EAT

Deepak Parekh said : “If these restructured accounts are considered as standard assets for a period of, say, 12 months, lenders will stop being so diffident. This is not a new suggestion. An exceptional regulatory treatment was permitted by the RBI in 2008, which helped revive sentiment” External link

business-standard Thursday, November 7, 2019 12:24:00 AM EAT

Deepak Parekh said : “It is estimated that at present, only one in five students enrolled in higher education is fortunate to get accommodation in an institutional setup, leaving most to seek alternatives such as rental accommodation. Student housing needs high-speed connectivity, entertainment facilities, and smart devices, besides other basic living facilities. Real estate investors have found that student housing can offer good returns on investments,” External link

business-standard Thursday, November 7, 2019 12:24:00 AM EAT

Deepak Parekh said : "We can't afford to end up in a situation where we cut off the oxygen to even developers with strong balancesheet as lenders remain risk averse," External link

business-standard Thursday, November 7, 2019 12:24:00 AM EAT

Deepak Parekh said : “I do believe that we can overcome this crisis of confidence if lenders are allowed a one-time restructuring of certain real estate loans, particularly for stuck projects where building approvals have been delayed,” External link

Hindu Wednesday, November 6, 2019 8:26:00 PM EAT

Deepak Parekh said : “The trust factor is so low among potential homebuyers today. But if a , Godrej or a Shapoorji or a DLF etc comes with a project, they do sell. Even our projects are getting sold because they are with reputed developers. They are also telling the prospective buyers that HDFC has given funding and taken the equity,” External link

financialexpress Sunday, October 13, 2019 5:18:00 PM EAT

Deepak Parekh said : "The trust factor is so low among potential homebuyers today. But if a Tata, Mahindra, Godrej or a Shapoorji or a DLF etc comes with a project, they do sell. Even our projects are getting sold because they are with reputed developers. They are also telling the prospective buyers that HDFC has given funding and taken the equity," External link

business-standard Sunday, October 13, 2019 4:18:00 PM EAT

Deepak Parekh said : "It seems brutally unfair that we have allowed a system of loan waivers and write-offs every now and again, but we do not have robust enough financial systems to protect the honest, common man's savings," External link

timesofindia Friday, October 11, 2019 8:25:00 AM EAT

Deepak Parekh said : "In unusual times, as we are in right now, fiscal and monetary policy tools need to be accelerated in a timely, yet prudent manner. There is consensus that a slight increase in the fiscal deficit target can be accommodated as long as it stimulates growth," External link

timesofindia Friday, October 11, 2019 8:25:00 AM EAT

Deepak Parekh said : "It takes years to build a reputation and seconds to destroy it. Trust and confidence are the backbone of any financial system. Never underestimate the power of ethics and values. It is a pity that this is so often eroded," External link

timesofindia Friday, October 11, 2019 8:25:00 AM EAT

Deepak Parekh said : "About 30% of global bonds worth $17 trillion are trading at negative yields. Investors are craving for higher yields and India has demonstrated that it can deliver attractive returns," External link

timesofindia Friday, October 11, 2019 8:25:00 AM EAT

Deepak Parekh said : “To my mind, there is no greater cardinal sin in finance than misuse of the common man’s hard-earned savings. It seems brutally unfair that we have allowed a system of loan waivers and write-offs every now and again, but yet we do not have a robust enough financial system to protect the honest common man’s savings,” External link

business-standard Friday, October 11, 2019 12:00:00 AM EAT

Deepak Parekh said : “In unusual times, as we are in right now, fiscal and monetary policy tools need to be accelerated in a timely, yet prudent manner,” External link

Hindu Thursday, October 10, 2019 8:57:00 PM EAT

Deepak Parekh said : "The launch of a Centre for Financial Studies in Mumbai by a top school of management like SPJIMR is a very welcome step. It will benefit the business community as a whole and finance professionals in particular, and will enable them engage with academics on current and futuristic issues. We hope to make full use of this Centre to encourage exchange of ideas and knowledge between various stakeholders in the wider finance community, including regulators and policy makers" External link

business-standard Thursday, October 10, 2019 5:54:00 PM EAT

Deepak Parekh told : "Student housing is a very big growth area and it has taken off well. Many universities, colleges and educational institutions are now in fact selling their own housing to raise money to build more classes, facilities etc," External link

economictimes Wednesday, October 2, 2019 3:27:00 PM EAT

Deepak Parekh said : "One hopes the housing ministry will take up the responsibility to ensure that every state in India adopts these guidelines. This in turn would help widen the bouquet of housing finance products," External link

economictimes Wednesday, October 2, 2019 3:27:00 PM EAT

Deepak Parekh told : "Student housing is a very big growth area and it has taken off well. Many universities, colleges and educational institutions are now in fact selling their own housing to raise money to build more classes, facilities etc," External link

business-standard Wednesday, October 2, 2019 1:44:00 PM EAT

Deepak Parekh said : "One hopes the housing ministry will take up the responsibility to ensure that every state in India adopts these guidelines. This in turn would help widen the bouquet of housing finance products," External link

business-standard Wednesday, October 2, 2019 1:44:00 PM EAT

Deepak Parekh told : "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. The government is doing its best in supporting this industry and we have to get over the past sins of buying land at high prices and building luxury apartments. There is a limit how many luxurious apartments can be sold," External link

firstpost Monday, September 30, 2019 7:26:00 AM EAT

Deepak Parekh said : "Where the demand transformation has happened, is that the customer profile has moved towards end users, because there is no appreciation and the rental yields on housing have come down," External link

news18 Sunday, September 29, 2019 1:33:00 PM EAT

Deepak Parekh said : "Where the demand transformation has happened, is that the customer profile has moved towards end users, because there is no appreciation and the rental yields on housing have come down," External link

economictimes Sunday, September 29, 2019 12:41:00 PM EAT

Deepak Parekh told : “The government is doing its best in supporting this industry and we have to get over the past sins of buying land at high prices and building luxury apartments. There is a limit how many luxurious apartments can be sold,” External link

financialexpress Sunday, September 29, 2019 12:11:00 PM EAT

Deepak Parekh said : “Where the demand transformation has happened, is that the customer profile has moved towards end users, because there is no appreciation and the rental yields on housing have come down,” External link

financialexpress Sunday, September 29, 2019 12:11:00 PM EAT

Deepak Parekh said : "Where the demand transformation has happened, is that the customer profile has moved towards end users, because there is no appreciation and the rental yields on housing have come down," External link

business-standard Sunday, September 29, 2019 10:59:00 AM EAT

Deepak Parekh said : "Where the demand transformation has happened, is that the customer profile has moved towards end users, because there is no appreciation and the rental yields on housing have come down," External link

business-standard Sunday, September 29, 2019 10:59:00 AM EAT

Deepak Parekh told : “Our tax rates have become very competitive now and the government’s move to lower corporate tax rates should help the country attract manufacturing units which we were losing to countries like Vietnam, Cambodia, Thailand, Indonesia and the Philippines,” External link

financialexpress Thursday, September 26, 2019 5:37:00 PM EAT

Deepak Parekh told : "Our tax rates have become very competitive now and the government's move to lower corporate tax rates should help the country attract manufacturing units which we were losing to countries like Vietnam, Cambodia, Thailand, Indonesia and the Philippines," External link

asianage Thursday, September 26, 2019 4:31:00 PM EAT

Deepak Parekh told : "Our tax rates have become very competitive now and the government's move to lower corporate tax rates should help the country attract manufacturing units which we were losing to countries like Vietnam, Cambodia, Thailand, Indonesia and the Philippines," External link

economictimes Thursday, September 26, 2019 4:14:00 PM EAT

Deepak Parekh told : "Our tax rates have become very competitive now and the government's move to lower corporate tax rates should help the country attract manufacturing units which we were losing to countries like Vietnam, Cambodia, Thailand, Indonesia and the Philippines," External link

business-standard Thursday, September 26, 2019 4:06:00 PM EAT

Deepak Parekh said : “A demand transformation has taken place with the customer profile moving to end users because there is no appreciation and rental yields have come down to 2%,” External link

timesofindia Tuesday, September 24, 2019 10:36:00 AM EAT

Deepak Parekh said : “The demand in this segment is insatiable,” External link

timesofindia Tuesday, September 24, 2019 10:36:00 AM EAT

Deepak Parekh saying : “thousands of residential homes were finding no takers” External link

asianage Wednesday, September 4, 2019 3:46:00 AM EAT

Deepak Parekh said : “It is a very welcome move as banks have been reluctant to lend to HFCs and real estate companies which has led to stress in the sector. The amount is fairly large and it will definitely help the struggling industry,” External link

thedailystarBD Saturday, August 24, 2019 11:58:00 PM EAT

Deepak Parekh said : "He was appreciated for listening to the views of industry and then putting forth practical and implementable solutions. As legal and intellectual stalwart, he stood out for his ability to multitask by simultaneously holding charge of key ministries. Deep condolences to his family. India Inc. must honour his legacy," External link

business-standard Saturday, August 24, 2019 7:19:00 PM EAT

Deepak Parekh said : "He was appreciated for listening to the views of industry and then putting forth practical and implementable solutions. As legal and intellectual stalwart, he stood out for his ability to multitask by simultaneously holding charge of key ministries. Deep condolences to his family. India Inc. must honour his legacy," External link

business-standard Saturday, August 24, 2019 4:17:00 PM EAT

Deepak Parekh said : "He was appreciated for listening to the views of industry and then putting forth practical and implementable solutions. As legal and intellectual stalwart, he stood out for his ability to multitask by simultaneously holding charge of key ministries. Deep condolences to his family. India Inc. must honour his legacy," External link

asianage Saturday, August 24, 2019 2:46:00 PM EAT

Deepak Parekh said : "He was appreciated for listening to the views of industry and then putting forth practical and implementable solutions. As legal and intellectual stalwart, he stood out for his ability to multitask by simultaneously holding charge of key ministries. Deep condolences to his family. India Inc. must honour his legacy," External link

timesofindia Saturday, August 24, 2019 2:24:00 PM EAT

Deepak Parekh said : "It is a very welcome move as banks have been reluctant to lend to HFCs and real estate companies which has led to stress in the sector. The amount is fairly large and it will definitely help the struggling industry," External link

ibtimes-in Saturday, August 24, 2019 10:39:00 AM EAT

Deepak Parekh said : “It is a very welcome move as banks have been reluctant to lend to HFCs and real estate companies which has led to stress in the sector. The amount is fairly large and it will definitely help the struggling industry,” External link

firstpost Saturday, August 24, 2019 9:28:00 AM EAT

Deepak Parekh said : “It is a very welcome move as banks have been reluctant to lend to HFCs and real estate companies which has led to stress in the sector. The amount is fairly large and it will definitely help the struggling industry,” External link

asianage Saturday, August 24, 2019 8:03:00 AM EAT

Deepak Parekh said : “Given the inherent demand and low penetration levels, I do believe this is temporary in nature,” External link

timesofindia Saturday, August 3, 2019 11:49:00 AM EAT

Deepak Parekh said : “The challenge today is risk-averseness. Banks are reluctant to lend and there has been a flight to safety where a select, few, high rated NBFCs and housing finance companies have access to funding, while several others’ access to credit has been choked. As a result, a number of NBFCs have curtailed disbursements and this, in turn, has spillover effects into other sectors,” “To my mind, what is critical is re-instilling confidence in lenders to support growth in the economy” External link

timesofindia Saturday, August 3, 2019 11:49:00 AM EAT

Deepak Parekh said : “We should have started this earlier but it is too late now. The subsidiaries have been around for 20 years,” External link

timesofindia Saturday, August 3, 2019 11:49:00 AM EAT

Deepak Parekh said : “The challenge today is risk aversion. Banks are reluctant to lend. There has been a flight to safety where a select few, high-rated non-banking financial companies (NBFCs) and housing finance companies (HFCs) have access to funding. But for several others, access to credit has been choked,” External link

business-standard Saturday, August 3, 2019 9:13:00 AM EAT

Deepak Parekh said : “To my mind, what is critical is re-instilling confidence in lenders to support growth in the economy,” External link

expressindia Saturday, August 3, 2019 3:54:00 AM EAT

Deepak Parekh said : “Banks are reluctant to lend and there has been a flight to safety where a select, few, high rated NBFCs and HFCs have access to funding while for several others, access to credit has been choked,” External link

expressindia Saturday, August 3, 2019 3:54:00 AM EAT

Deepak Parekh said : “As a result, a number of NBFCs and HFCs have curtailed disbursements. This, in turn, has had spillover effects into a number of other sectors,” External link

expressindia Saturday, August 3, 2019 3:54:00 AM EAT

Deepak Parekh said : “Evidently, there has been a distinct slowdown in the economy which was reflected in a lower GDP growth of 6.8 per cent in FY 2019. While there has been an across-the-board slowdown in consumption, given the inherent demand and low penetration levels, I do believe this is temporary in nature,” External link

expressindia Saturday, August 3, 2019 3:54:00 AM EAT

Deepak Parekh said : “The demand for commercial real estate has been buoyant, especially across the top eight cities. One is seeing increased demand for commercial real estate, particularly from the IT sector, e-commerce and professional and services sector. Even demand for retail space has picked up in certain pockets” “In the recent period, several investors such as pension funds, sovereign funds and private equity players with deep pockets have evinced interest in the Indian commercial real estate sector,” External link

expressindia Saturday, August 3, 2019 3:54:00 AM EAT

Deepak Parekh said : “The challenge today is risk aversion. Banks are reluctant to lend. There has been a flight to safety where a select few, high-rated non-banking financial (NBFCs) and housing finance companies (HFCs) have access to funding. But for several others, access to credit has been choked,” External link

business-standard Saturday, August 3, 2019 3:05:00 AM EAT

Deepak Parekh said : “Evidently, there has been a distinct slowdown in the economy which was reflected in a lower GDP growth of 6.8 per cent in FY19. While there has been an across-the-board slowdown in consumption, given the inherent demand and low penetration levels, I do believe this is temporary in nature,” External link

business-standard Saturday, August 3, 2019 3:05:00 AM EAT

Deepak Parekh said : "One is seeing increased demand for commercial real estate, particularly from the IT sector, e-commerce and professional and services sector," External link

business-standard Saturday, August 3, 2019 12:01:00 AM EAT

Deepak Parekh said : “Evidently, there has been a distinct slowdown in the economy which was reflected in a lower GDP growth of 6.8% in FY19. While there has been an across-the-board slowdown in consumption, given the inherent demand and low penetration levels, I do believe this is temporary in nature” External link

Hindu Friday, August 2, 2019 8:34:00 PM EAT

Deepak Parekh said : “One is seeing increased demand for commercial real estate, particularly from the IT sector, e-commerce and professional and services sector,” External link

financialexpress Friday, August 2, 2019 8:33:00 PM EAT

Deepak Parekh said : "Reflecting back, in the first half of the financial year, we were often asked why we were not growing as aggressively as others in certain segments of the commercial real estate market. We held our ground by consciously staying away from funding what we perceived were riskier assets. " External link

siliconindia Thursday, July 4, 2019 7:10:00 AM EAT

Deepak Parekh told : “We held our ground by consciously staying away from funding what we perceived were riskier assets. Unsurprisingly, in the second half of the year, we were asked what we did differently that enabled us to stay resilient and be the preferred choice in the flight to safety. Perhaps a combination of experience and adhering to our risk appetite held us in good stead,” External link

economictimes Thursday, July 4, 2019 7:07:00 AM EAT

Deepak Parekh said : "Many would agree that this is par for the course in any lending business. Yet, we know that stakeholders value us for our transparency and we will not compromise or shy away from owning up to genuine mistakes," External link

firstpost Thursday, July 4, 2019 6:03:00 AM EAT

Deepak Parekh said : “I believe it is important to articulate the role of HDFC’s executive directors in the context of their directorships in HDFC group companies. The objective of having these directorships is to best protect the interests of HDFC’s shareholders. HDFC is the parent company and has investments in its subsidiary and associate companies. Taking care of our strategic investments is a core function at HDFC,” External link

timesofindia Thursday, July 4, 2019 4:42:00 AM EAT

Deepak Parekh said : “Our belief is that shareholders are best served when they exercise their judgment and vote on resolutions based on substance and on a case-by-case basis rather than entirely outsourcing this effort, which is often an algorithm-based one-size-fits-all approach,” External link

timesofindia Thursday, July 4, 2019 4:42:00 AM EAT

Deepak Parekh said : “Directorships of HDFC’s executive directors in HDFC group companies is an extension of their responsibilities at HDFC. It would be erroneous to construe these directors as being over boarded,” External link

timesofindia Thursday, July 4, 2019 4:42:00 AM EAT

Deepak Parekh told : “We held our ground by consciously staying away from funding what we perceived were riskier assets. Unsurprisingly, in the second half of the year, we were asked what we did differently that enabled us to stay resilient and be the preferred choice in the flight to safety. Perhaps a combination of experience and adhering to our risk appetite held us in good stead,” External link

economictimes Wednesday, July 3, 2019 10:03:00 PM EAT

Deepak Parekh said : “In the first half of the financial year [2018-19], we were often asked why we were not growing as aggressively as others in certain segments of the commercial real estate market. We held our ground by consciously staying away from funding what we perceived were riskier assets,” External link

Hindu Wednesday, July 3, 2019 8:23:00 PM EAT

Deepak Parekh said : “While our non-performing loans have been considerably lower than several others in the financial sector, we know we cannot rest on these laurels,” External link

Hindu Wednesday, July 3, 2019 8:23:00 PM EAT

Deepak Parekh said : "We had to do two-step transactions since if HDFC Ergo had directly bought Apollo's stake then it would have breached 49 per cent cap on foreign investment in insurance for Munich Re," External link

business-standard Wednesday, June 19, 2019 9:58:00 PM EAT

Deepak Parekh said : “What is particularly attractive for us is Apollo Munich’s strong agency network with over 70,000 agents. A diversified distribution network is essential to strengthen market position,” External link

Hindu Wednesday, June 19, 2019 8:49:00 PM EAT

Deepak Parekh said : “We believe this valuation is reasonable and this transaction will result in strong synergies and bring in economies of scale,” External link

Hindu Wednesday, June 19, 2019 8:49:00 PM EAT

Deepak Parekh said : “So, there is adequate liquidity in the banking system. Now it is up to individual banks whom to lend to and whom not to lend to,” “In the affordable housing space, we see phenomenal growth happening. High-value flats...there is a slowdown in demand in the last six months,” External link

Hindu Wednesday, June 19, 2019 8:49:00 PM EAT

Deepak Parekh told : "The transaction will strengthen our commitment to the growing health insurance segment. The combined expertise of HDFC Ergo and Apollo Munich will result in greater product innovation, wider distribution and enhanced servicing capabilities," External link

dnaindia Wednesday, June 19, 2019 7:54:00 PM EAT

Deepak Parekh told : “The transaction will strengthen our commitment to the growing health insurance segment. The combined expertise of HDFC Ergo and Apollo Munich will result in greater product innovation, wider distribution and enhanced servicing capabilities,” External link

financialexpress Wednesday, June 19, 2019 4:44:00 PM EAT

Deepak Parekh said : "Some of the old-timers, who have treated patients for decades here, will also be back. The hospital will have most of the old facilities that it was known for," External link

timesofindia Thursday, May 9, 2019 12:57:00 AM EAT

Deepak Parekh said : “That takes away all the money, and that means there is not enough left for development. We have to find a way of employing the poor people usefully, and get them into earning. So that there is self-respect and that they are themselves worth something, and not only free things," he said. Most corporate chieftains ditched their formal attire for a more casual one in the Mumbai summers. ALSO READ: Lok Sabha elections 2019: How to vote, check voter list and elections dates Tata Group Chairman N Chandrasekaran was among the first ones to vote among India Inc leaders. Accompanied by his wife, he voted in Worli in the morning, minutes after polling began. Reliance ADA Group Chairman Anil Ambani was also among the early voters at a Cuffe Parade polling station. His brother Mukesh Ambani voted at a convent school in Peddar Road with his family. Senior Ambani had endorsed Congress leader Milind Deora, who is contesting from Mumbai South constituency in Maharashtra in the election, along with senior banker Uday Kotak. Also at Peddar Road, HDFC chairman Deepak Parekh voted for a stable government. "We want a stable government. Somebody who can give stability to the country for the next 5 years,” External link

business-standard Monday, April 29, 2019 11:59:00 PM EAT

Deepak Parekh added : "I think the timing for this REIT was right with the good interest rate and pricing. Two-three of our clients are in talks with us to invest in them over the next couple of quarters. I think we will see more REITs being launched soon," External link

news18 Monday, April 1, 2019 10:13:00 PM EAT

Deepak Parekh said : "This is because of arbitrage gains as the interest rate gap between the US and India is huge. Also, the rupee has appreciated due to more inflows. This is a positive sign despite election uncertainty," External link

news18 Monday, April 1, 2019 10:13:00 PM EAT

Deepak Parekh explained : “A non-bank can hold up to 9.9%, but the merger gives us little less than 15%. Even for 9.9%, we need RBI approval because only a 5% stake is automatic,” External link

financialexpress Tuesday, January 8, 2019 4:21:00 AM EAT

Deepak Parekh said : “This merger will create one of the largest rural and semi-urban lending platforms in India,” External link

news-yahoo Tuesday, January 8, 2019 3:50:00 AM EAT

Deepak Parekh said : “Investcorp is driving an ambitious phase of growth which is guided by a vision to transform itself into one of the world’s leading diversified global alternative asset managers. In a short period of time the team has delivered a doubling of assets under management, broadened its investor base and expanded its product lines for its clients. I am truly excited to be joining the advisory board at this transformational time and look forward to working with the Investcorp management team and my fellow international advisory board members” External link

tradearabia Tuesday, September 12, 2017 1:33:00 PM EAT

Deepak Parekh said : "There is a deep conviction that India will emerge as a much stronger force after demonetization. The biggest advantage for home-buyers will be lower interest rates, transparency and no large cash payments and thus, we also hope that many developers now move towards affordable homes," External link

dnaindia Saturday, January 14, 2017 11:48:00 PM EAT

Deepak Parekh said : "I expect price of real estate to come down. One expects the price of real estate should come down in medium term" External link

dnaindia Wednesday, November 9, 2016 12:34:00 AM EAT

Deepak Parekh said : "We are excited by the great potential this merger brings to all stakeholders," External link

economictimes Friday, September 9, 2016 5:14:00 PM EAT

Deepak Parekh said : "The time has come for a careful evaluation of the Railways' assets. If resources are scarce, there needs to be greater focus on creating core assets while hiving off other assets.. Evidently, more out-of-the-box solutions are needed," External link

economictimes Saturday, September 3, 2016 8:37:00 PM EAT

Deepak Parekh said : "Secondly, the Railways should monetise some of its vast land holdings. This land parcels may well be used for affordable housing and in turn, it could bring in large resources for the Railways," External link

economictimes Saturday, September 3, 2016 8:37:00 PM EAT

Deepak Parekh said : “India has never been in a stronger position than today from a macro-economic perspective. The country is demonstrating an immense growth potential helped by a strong leadership at the helm, driving key policy changes,” External link

expressindia Wednesday, August 31, 2016 5:16:00 PM EAT

Deepak Parekh said : “Often when infrastructure projects are a work-in-progress, there tends to be a feeling that nothing is happening on the ground. But this is certainly not the case in India,” External link

expressindia Wednesday, August 31, 2016 5:16:00 PM EAT

Deepak Parekh said : “Risk management cannot be the sole responsibility of the board of directors. There has to be an orientation and culture of risk mitigation in every action of all employees. This sensitisation comes when employees feel empowered and responsible for the work areas. Risk management is a collective responsibility …” External link

expressindia Wednesday, August 31, 2016 5:16:00 PM EAT

Deepak Parekh said : “India has never been in a stronger position than today from a macro-economic perspective. The country is demonstrating an immense growth potential helped by a strong leadership at the helm, driving key policy changes,” External link

expressindia Monday, August 29, 2016 2:55:00 PM EAT

Deepak Parekh said : “What the country needs at this juncture is to focus on attracting much more long-term investors looking for higher yields in their investments,” External link

expressindia Monday, August 29, 2016 2:55:00 PM EAT

Deepak Parekh said : "India has never been in a stronger position than today from a macro-economic perspective. The country is demonstrating an immense growth potential helped by a strong leadership at the helm, driving key policy changes," External link

dnaindia Monday, August 29, 2016 1:46:00 PM EAT

Deepak Parekh said : "What the country needs at this juncture is to focus on attracting much more long-term investors looking for higher yields in their investments," External link

dnaindia Monday, August 29, 2016 1:46:00 PM EAT

Deepak Parekh said : "We will proceed with the regulatory filings and I expect the merger to close in 12 months. The merger will make our consolidated market share 10.8% with an AUM of Rs 1.10 trillion," External link

dnaindia Tuesday, August 9, 2016 9:11:00 AM EAT

Deepak Parekh said : “We all know that LIC had 100 per cent market share before the sector was opened up for the private sector. The LIC market share is now 50 per cent. It can be 25 per cent after some years,” “There’s tremendous growth opportunity in the insurance sector. In India, insurance is under-penetrated,” External link

expressindia Tuesday, August 9, 2016 7:05:00 AM EAT

Deepak Parekh said : "We will proceed with the regulatory filings and I expect the merger to close in 12 months. The merger will make our consolidated market share 10.8 per cent with an AUM of Rs 1.10 trillion," External link

dnaindia Monday, August 8, 2016 11:42:00 PM EAT

Deepak Parekh said : "India's need for funding for infrastructure is massive, the private sector has limited resources and the capacity of Indian banks to lend large sums of money is restricted by the amount of deposits they can mobilise," "So we have to look overseas for funding" External link

reuters-in Tuesday, August 2, 2016 4:39:00 PM EAT

Deepak Parekh told : "We are getting calls from SWFs around the world, saying 'the next 20 billion, just give it to us'" External link

ibtimes-in Tuesday, August 2, 2016 3:10:00 PM EAT

Deepak Parekh said : "This is a milestone transaction for HDFC. We have successfully achieved our objective of attracting a global pool of capital to further diversify our borrowing profile. The positive investors response towards this issuance reinforces the blue-chip positioning of HDFC and establishes a significant landmark for Indian companies," External link

ibtimes-in Tuesday, August 2, 2016 3:10:00 PM EAT

Deepak Parekh said : "India's need for funding for infrastructure is massive, the private sector has limited resources and the capacity of Indian banks to lend large sums of money is restricted by the amount of deposits they can mobilise," "So we have to look overseas for funding" External link

reuters-in Monday, August 1, 2016 5:43:00 PM EAT

Deepak Parekh added : "The listing of these bonds on the London stock exchange gives us immense pride. London Stock Exchange continues to distinguish itself by offering a wide range of financial instruments and enjoys unshakeable trust from international investors" External link

cityam Monday, August 1, 2016 3:59:00 PM EAT

Deepak Parekh said : "HDFC is keen to diversify its borrowing profile by tapping global investors through this issue of rupee-denominated bonds," External link

economictimes Tuesday, July 12, 2016 5:03:00 AM EAT

Deepak Parekh explains : "In Satyam, there was no legal case. We had to just go in, clean up the book and make operations more transparent," External link

economictimes Tuesday, July 5, 2016 12:15:00 AM EAT

Deepak Parekh says : "Harshad Mehta case is different as courts had a lot of work to do. But then, the case should not have dragged so long. This shows our legal system is slow and overburdened," External link

economictimes Tuesday, July 5, 2016 12:15:00 AM EAT

Deepak Parekh said : "It's a pity to lose him. I'm wondering what has precipitated this action by the governor. I am sure the government, at the right time, would have considered giving him another two years term as most governors have got" External link

dnaindia Sunday, June 19, 2016 4:43:00 AM EAT

Deepak Parekh said : "The top four private insurers today constitute 65 per cent of the private insurance market, while the remaining 19 have a combined market share of 35 per cent. Both HDFC Life and Max Life have, over the years, followed a strategy of consistent and responsible growth to create value for their respective customers and stakeholders" External link

4-traders Saturday, June 18, 2016 11:51:00 PM EAT

Deepak Parekh said : "Both have strong new business margins. HDFC Life's post overrun new business margins is 19.8 per cent whereas Max Life is 17.9 per cent," External link

4-traders Saturday, June 18, 2016 11:51:00 PM EAT

Deepak Parekh said : “It’s a pity to lose him. I’m wondering what has precipitated this action by the governor. I am sure the government, at the right time, would have considered giving him another two years term as most governors have got” External link

expressindia Saturday, June 18, 2016 8:45:00 PM EAT

Deepak Parekh said : “It’s a pity to lose him. I’m wondering what has precipitated this action by the governor. I am sure the government, at the right time, would have considered giving him another two years term as most governors have got” External link

expressindia Saturday, June 18, 2016 5:45:00 PM EAT

Deepak Parekh said : "We will have many challenges on the way," External link

economictimes Saturday, June 18, 2016 12:59:00 AM EAT

Deepak Parekh said ( about Analjit Singh ) : "I have met Analjit only once," External link

economictimes Saturday, June 18, 2016 12:59:00 AM EAT

Deepak Parekh said : "The top four private insurers today constitute 65 per cent of the private insurance market, while the remaining 19 have a combined market share of 35 per cent. Both HDFC Life and Max Life have, over the years, followed a strategy of consistent and responsible growth to create value for their respective customers and stakeholders" External link

economictimes Friday, June 17, 2016 9:59:00 PM EAT

Deepak Parekh said : "Both have strong new business margins. HDFC Life's post overrun new business margins is 19.8 per cent whereas Max Life is 17.9 per cent," External link

economictimes Friday, June 17, 2016 9:59:00 PM EAT

Deepak Parekh told : “Some members advised him to step down for a while. I understand he has gone on leave now. There was a governing council meeting some time back. Though I did not attend it, I understand this issue (sexual harassment charge) was not on the agenda,” External link

expressindia Wednesday, February 25, 2015 6:00:00 AM EAT

Deepak Parekh said : "They have opened over ten crore accounts and all of them have got Rs 1 lakh policies and 75 per cent of them have Rupay cards. That scheme has been a success. Many may not have used it, but now when subsidies come into those accounts, they will use those cards. " External link

economictimes Sunday, February 22, 2015 4:53:00 PM EAT

Deepak Parekh said : "Today if I take a business call here at HDFC, and 1-2 years later it goes wrong, in the sense of 10-20 crore, we started a new company and it lost money, I will take the blame, but I won't be investigated by my board. It will be a wrong call and a business decision that went wrong. " External link

economictimes Sunday, February 22, 2015 4:53:00 PM EAT

Deepak Parekh said : “Secondly, there must be some encouragement to put capital investment on the ground, because people are reluctant to put new projects. So, you have to give some incentives for new companies, for existing companies to start new ‘Make in India’ projects, manufacturing projects,” External link

Hindu Sunday, February 22, 2015 2:46:00 PM EAT

Deepak Parekh said : “I think there is still a lot of optimism among the people of the country and among the industrialists and entrepreneurs that the Modi government will be good for business, for progress, for reducing corruption. They think this government means business on all these fronts… However, after nine months, there is a little bit of impatience creeping in as to why no changes are happening and why this is taking so long having effect on the ground” External link

thehindu Wednesday, February 18, 2015 9:00:00 PM EAT

Deepak Parekh said : “The thing is that our Prime Minister had a lucky period in these nine months. The world commodity prices are at all-time low which help India the most,” External link

thehindu Wednesday, February 18, 2015 9:00:00 PM EAT

Deepak Parekh said : “I think there is still a lot of optimism among the people of the country and among the industrialists and entrepreneurs that the Modi government will be good for business, for progress, for reducing corruption. They think this government means business on all these fronts… However, after nine months, there is a little bit of impatience creeping in as to why no changes are happening and why this is taking so long having effect on the ground” External link

Hindu Wednesday, February 18, 2015 8:02:00 PM EAT

Deepak Parekh said : “The thing is that our Prime Minister had a lucky period in these nine months. The world commodity prices are at all-time low which help India the most,” External link

Hindu Wednesday, February 18, 2015 8:02:00 PM EAT

Deepak Parekh told : “The optimism is there but it is not translating into revenues. Any industry you see, when there is a lot of optimism, the growth should be faster,” External link

thehindu Wednesday, February 18, 2015 5:54:00 PM EAT

Deepak Parekh said : “The thing is that our Prime Minister had a lucky period in these nine months. The world commodity prices are at all-time low which help India the most,” External link

thehindu Wednesday, February 18, 2015 5:54:00 PM EAT

Deepak Parekh said : “Just to give you an example of our own case. We needed to raise some capital in HDFC Bank. It took more time this time than earlier years to get approvals from FIPB etc,” External link

thehindu Wednesday, February 18, 2015 5:54:00 PM EAT

Deepak Parekh said : “The optimism is there but it is not translating into revenues. Any industry you see, when there is a lot of optimism, the growth should be faster,” External link

expressindia Wednesday, February 18, 2015 4:50:00 PM EAT

Deepak Parekh said : “The thing is that our Prime Minister had a lucky period in these nine months. The world commodity prices are at all-time low which help India the most,” External link

expressindia Wednesday, February 18, 2015 4:50:00 PM EAT

Deepak Parekh told : “The optimism is there but it is not translating into revenues. Any industry you see, when there is a lot of optimism, the growth should be faster,” External link

Hindu Wednesday, February 18, 2015 4:49:00 PM EAT

Deepak Parekh said : “The thing is that our Prime Minister had a lucky period in these nine months. The world commodity prices are at all-time low which help India the most,” External link

Hindu Wednesday, February 18, 2015 4:49:00 PM EAT

Deepak Parekh said : “Just to give you an example of our own case. We needed to raise some capital in HDFC Bank. It took more time this time than earlier years to get approvals from FIPB etc,” External link

Hindu Wednesday, February 18, 2015 4:49:00 PM EAT

Deepak Parekh said : "The optimism is there but it is not translating into revenues. Any industry you see, when there is a lot of optimism, the growth should be faster," External link

economictimes Wednesday, February 18, 2015 4:39:00 PM EAT

Deepak Parekh said : "The thing is that our Prime Minister had a lucky period in these nine months. The world commodity prices are at all-time low which help India the most," External link

economictimes Wednesday, February 18, 2015 4:39:00 PM EAT

Deepak Parekh said : "The thing is that our Prime Minister had a lucky period in these nine months. The world commodity prices are at all-time low which help India the most," External link

rediff Wednesday, February 18, 2015 4:18:00 PM EAT

Deepak Parekh told : "The optimism is there but it is not translating into revenues. “Any industry you see, when there is a lot of optimism, the growth should be faster," External link

rediff Wednesday, February 18, 2015 4:18:00 PM EAT

Deepak Parekh said : "The thing is that our Prime Minister had a lucky period in these nine months. “The world commodity prices are at all-time low which help India the most," External link

rediff Wednesday, February 18, 2015 4:18:00 PM EAT

Deepak Parekh said : "I don't think the government is going to give more goodies in the Budget as fiscal deficit is very high. How can they give more concessions?" External link

economictimes Wednesday, February 11, 2015 8:37:00 AM EAT



Key Titles and Phrases Count Lang Last Seen
chairman of india2.22%EN11/20/201720/11/2017
chairman69.33%EN11/07/201707/11/2017
housing development finance corporation chairman0.44%EN11/07/201707/11/2017
finance corporation chairman0.44%EN11/07/201707/11/2017
development finance corporation chairman0.44%EN11/07/201707/11/2017
banker10.22%EN08/02/201702/08/2017
chief0.44%EN03/27/201727/03/2017
chairman hdfc limited0.44%EN01/03/201703/01/2017
justice1.78%EN11/04/201604/11/2016
chairman of hdfc3.56%EN09/10/201610/09/2016
chairman of hdfc ltd.0.44%EN09/09/201609/09/2016
chairman of housing development finance corporation0.44%EN08/03/201603/08/2016
industry leader2.22%EN06/26/201626/06/2016
chairman of hdfc bank0.44%EN06/19/201619/06/2016
chairman of housing development finance corp0.89%EN06/17/201617/06/2016
hdfc limited chairman0.44%EN05/19/201619/05/2016
top industry leader4.00%EN02/22/201522/02/2015
leader1.33%EN02/19/201519/02/2015
director0.44%EN01/13/200913/01/2009
Names Lang Count
Deepak ParekhEN100.00%


 
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Deepak Parekh

Last updated on 2017-05-03T08:05+0300.

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Deepak Parekh said : “I don’t believe that spurt in housing demand in the last few months is a pent-up demand. The aspirations to own a home is inherent in every household and all of us here are mindful that the country still faces an immense shortage of quality and affordable housing. Yet this goes to show that with supportive government policies, adequate availability of resources and supply of rightly priced homes, the demand for home loans will continue unabated,” External link

financialexpress Wednesday, January 6, 2021 5:58:00 AM EAT

Deepak Parekh said : "The merger of HDFC ERGO Health Insurance with HDFC ERGO General Insurance is a moment of pride for us. This marks the second successful merger in India's general insurance sector, following the merger of L & T General Insurance and HDFC ERGO in 2017. It makes HDFC ERGO the one-stop-shop for all our general and health insurance offerings. Health insurance is expected to be one of the growth drivers for the general insurance industry, and with this merger, we are now a dominant player within the health insurance industry," External link

business-standard Friday, November 13, 2020 6:33:00 PM EAT

Deepak Parekh said : "for the first quarter we had contraction of 24 per cent but I am not too worried about that because India was in complete lockdown for most part of the quarter" "For this (second) quarter which ended in September, we are expecting minus 5 per cent and last quarter we will be in positive territory. So I remain reasonably optimistic about India's potential," External link

business-standard Thursday, October 8, 2020 9:51:00 PM EAT

Deepak Parekh said : "for the first quarter we had contraction of 24 per cent but I am not too worried about that because India was in complete lockdown for most part of the quarter" "For this (second) quarter which ended in September, we are expecting minus 5 per cent and last quarter we will be in positive territory. So I remain reasonably optimistic about India's potential," External link

economictimes Thursday, October 8, 2020 9:33:00 PM EAT

Deepak Parekh said : “There is pent-up demand. I feel demand for smaller apartments will rise as people want to buy new homes,” External link

business-standard Thursday, August 27, 2020 9:48:00 PM EAT

Deepak Parekh said : “Developers are cash-strapped due to Covid, and depending on their conditions, are ready to give good deals,” External link

business-standard Thursday, August 27, 2020 9:48:00 PM EAT

Deepak Parekh said : “No private hospital has been acquired in our district for Covid treatment . Being asymptomatic, we have been asked to get admitted in a makeshift Covid Care centre in our tehsil headquarters. This centre has poor facilities,” External link

timesofindia Wednesday, August 12, 2020 2:57:00 AM EAT

Deepak Parekh said : “Sashi was the unanimous choice. There was no argument, discussion, or anything. Everyone agreed he was the first choice,” External link

timesofindia Wednesday, August 5, 2020 12:48:00 AM EAT

Deepak Parekh said : “Please do not extend the moratorium. Because we see that people who have ability to pay are taking advantage under this moratorium and deferring payment. There is talk of another extension which is going to hurt us, the smaller NBFCs particularly,” External link

Hindu Saturday, August 1, 2020 10:04:00 PM EAT

Deepak Parekh said : “Today, the bright spot for India is the rural economy. A good monsoon, strong agricultural growth and government support through rural employment guarantee schemes is enabling rural consumption to lead India’s overall recovery,” External link

expressindia Friday, July 31, 2020 5:19:00 AM EAT

Deepak Parekh said : “Certain sectors are limping back to normalcy, but the strong probability of cycling in and out of lockdowns does remain,” “My view is that one should not be too perturbed with forecasts of negative GDP growth rates. Most believe India’s GDP growth which was slowing down in the pre-Covid era will contract by about 5 per cent this year,” External link

expressindia Friday, July 31, 2020 5:19:00 AM EAT

Deepak Parekh said : “It has been an extremely challenging time for everyone … Yet, from the utter despair that the world was in towards the end of March and the month of April since then, there has been a great deal of stability in the financial markets,” External link

expressindia Friday, July 31, 2020 5:19:00 AM EAT

Deepak Parekh said : “My view is that one should not be too perturbed with forecasts of negative GDP (gross domestic product) growth rates. Most believe that India’s GDP growth which was slowing down in the pre-Covid era will contract by about 5% this year. But recovery will happen assuming no further lengthy and complete lockdowns in future,” External link

financialexpress Friday, July 31, 2020 3:45:00 AM EAT

Deepak Parekh said : “Today, the bright spot for India is the rural economy. A good monsoon, strong agricultural growth and government support through rural employment guarantee schemes is enabling rural consumption to lead India’s overall recovery,” External link

financialexpress Friday, July 31, 2020 3:45:00 AM EAT

Deepak Parekh said : “I do hope some of the state governments will offer some sweeteners like SAY, a temporary stamp duty waiver to encourage more homebuyers,” External link

financialexpress Friday, July 31, 2020 3:45:00 AM EAT

Deepak Parekh added : “Many large companies have in fact acquired or leased commercial properties during this period – particularly in Bengaluru and Hyderabad. There is demand for real estate from newer sectors like warehousing, e-commerce companies and from cloud and data centre parks as they seek to increase their data storage capacities as well,” External link

financialexpress Friday, July 31, 2020 3:45:00 AM EAT

Deepak Parekh added : “There is demand for real estate from newer sectors like warehousing, e-ecommerce companies and from cloud and data centres parks as they seek to increase their data storage capacities as well” External link

business-standard Thursday, July 30, 2020 6:43:00 PM EAT

Deepak Parekh said : "Since the Independence, we have had recessions only thrice - 1958, 1966 and 1980 and all of the three was caused by poor monsoons which hit agriculture... Today, the bright spot for us is the rural economy. A good monsoon, strong agricultural growth and government support through rural employment guarantee scheme is enabling rural consumption to lead the overall recovery," External link

business-standard Thursday, July 30, 2020 6:43:00 PM EAT

Deepak Parekh said : "Since the Independence, we have had recessions only thrice – 1958, 1966 and 1980 and all of the three was caused by poor monsoons which hit agriculture… Today, the bright spot for us is the rural economy. A good monsoon, strong agricultural growth and government support through rural employment guarantee scheme is enabling rural consumption to lead the overall recovery," External link

news-yahoo-in Thursday, July 30, 2020 6:18:00 PM EAT

Deepak Parekh told : “Demand for two-wheelers and tractors have risen, even though passenger and commercial vehicle demand remains subdued on the back of the timely onset of the monsoons,” External link

financialexpress Thursday, July 30, 2020 5:21:00 PM EAT

Deepak Parekh said : “Since the Independence, we have had recessions only thrice – 1958, 1966 and 1980 and all of the three was caused by poor monsoons which hit agriculture… Today, the bright spot for us is the rural economy. A good monsoon, strong agricultural growth and government support through rural employment guarantee scheme is enabling rural consumption to lead? the overall recovery,” External link

financialexpress Thursday, July 30, 2020 5:21:00 PM EAT

Deepak Parekh said : "Since the Independence, we have had recessions only thrice - 1958, 1966 and 1980 and all of the three was caused by poor monsoons which hit agriculture... Today, the bright spot for us is the rural economy. A good monsoon, strong agricultural growth and government support through rural employment guarantee scheme is enabling rural consumption to lead the overall recovery," External link

timesofindia Thursday, July 30, 2020 4:56:00 PM EAT

Deepak Parekh said : "Since the Independence, we have had recessions only thrice - 1958, 1966 and 1980 and all of the three was caused by poor monsoons which hit agriculture... Today, the bright spot for us is the rural economy. A good monsoon, strong agricultural growth and government support through rural employment guarantee scheme is enabling rural consumption to lead the overall recovery," External link

economictimes Thursday, July 30, 2020 4:12:00 PM EAT

Deepak Parekh said : “We see that even those who can pay — whether individual or corporates — are taking advantage of the moratorium and not repaying, and it is hurting us. There is some talk that the moratorium is going to be extended, our request is that it should not be done,” External link

economictimes Tuesday, July 28, 2020 6:07:00 AM EAT

Deepak Parekh said : “According to RBI’s projections, NPAs (non-performing assets) could be 12.5-14.7% next year. If restructuring is not given and banks, NBFCs (non-banking financial companies) and microfinance companies with this kind of NPAs will see their ratings come down, they will not have access to funding and we will have a major crisis,” External link

economictimes Tuesday, July 28, 2020 6:07:00 AM EAT

Deepak Parekh said : “We see that even those who can pay — whether individual or corporates — are taking advantage of the moratorium and not repaying, and it is hurting us. There is some talk that the moratorium is going to be extended, our request is that it should not be done,” External link

timesofindia Tuesday, July 28, 2020 6:06:00 AM EAT

Deepak Parekh said : “According to RBI’s projections, NPAs (non-performing assets) could be 12.5-14.7% next year. If restructuring is not given and banks, NBFCs (non-banking financial companies) and microfinance companies with this kind of NPAs will see their ratings come down, they will not have access to funding and we will have a major crisis,” External link

timesofindia Tuesday, July 28, 2020 6:06:00 AM EAT

Deepak Parekh said : “Please do not extend the moratorium because we see that even people who have the ability to pay – whether it is individuals or corporates – are taking advantage under this moratorium and deferring payment…There is some talk that there will be another extension of three months. It’s going to hurt us, and hurt the smaller NBFCs particularly,” External link

financialexpress Tuesday, July 28, 2020 5:48:00 AM EAT

Deepak Parekh told : “We see that even entities that have the ability to pay, whether it’s corporates or individuals, are taking advantage of this and deferring payment. We hear that there is some talk of extending the moratorium. It’s going to hurt and hurt smaller NBFCs,” External link

HindustanTimes Tuesday, July 28, 2020 4:52:00 AM EAT

Deepak Parekh told : “Please do not extend the moratorium because we see that even people who have the ability to pay, whether individuals or corporates, are taking advantage under this moratorium and deferring payment,” External link

expressindia Tuesday, July 28, 2020 3:29:00 AM EAT

Deepak Parekh said : “Look at this time next year… if restructuring is not given, the amount of NPAs in your own report is 12.5 per cent in March 2021, or it could even be 14.7 per cent. Now, if banks, NBFCs and microfinance, whatever, if they have these kinds of NPA restructuring like we had done in 2008… it is worth considering to save future problems,” External link

expressindia Tuesday, July 28, 2020 3:29:00 AM EAT

Deepak Parekh said : “Please do not extend the moratorium. We see people, who have the ability to pay, taking advantage under this moratorium and deferring payment. There is talk of another extension — that would hurt us, particularly smaller non banking finance companies (NBFCs),” External link

Hindu Monday, July 27, 2020 9:27:00 PM EAT

Deepak Parekh wrote : “We are now emerging into a scenario where there may be inorganic opportunities for our group firms. Some of our subsidiaries will need additional capital for expansion. We have also identified new investment opportunities to help build the next generation of value creators,” External link

business-standard Tuesday, July 7, 2020 4:40:00 PM EAT

Deepak Parekh wrote : “We are now emerging in a scenario where there may be inorganic opportunities for our group firms. Some of our subsidiaries will need additional capital for expansion. We have also identified new investment opportunities to help build the next generation of value creators,” External link

business-standard Monday, July 6, 2020 7:15:00 PM EAT

Deepak Parekh wrote : “The saga of the highest court of law questioning the RBI on the moratorium was indeed unfortunate. Why should a central bank have to be answerable to a court on basic principles which the financial sector operates on?” External link

financialexpress Friday, July 3, 2020 12:00:00 PM EAT

Deepak Parekh said : “India’s sheer numbers means domestic demand has to revive. The challenges are daunting, but I remain confident that India will display its resilience,” External link

expressindia Friday, July 3, 2020 3:23:00 AM EAT

Deepak Parekh said : “This (loan recast) has been a long standing request and a measure implemented in the past to revive the sector. If developers do not have cash flows due to a slowdown in sales or delay in receiving requisite building approvals, they can neither complete the existing projects nor can they service their loans,” External link

expressindia Friday, July 3, 2020 3:23:00 AM EAT

Deepak Parekh wrote : “we are now emerging into a scenario where there may be inorganic opportunities for our group firms. Some of our subsidiaries will need additional capital for expansion. We have also identified new investment opportunities to help build the next generation of value creators,” External link

business-standard Thursday, July 2, 2020 11:13:00 PM EAT

Deepak Parekh said : “We know our position is considerably stronger than most of our peers. We kept building buffers and erred on the side of abundant caution on provisioning requirements. Each time we did this, it was always from a position of strength,” External link

business-standard Thursday, July 2, 2020 11:13:00 PM EAT

Deepak Parekh said : “The saga of the highest court of law questioning the RBI on the moratorium was indeed unfortunate. Why should a central bank have to be answerable to a court on basic principles that the financial sector operates on? Interest payments on borrowings and loans are contractual obligations. No laws are being violated,” External link

business-standard Thursday, July 2, 2020 11:13:00 PM EAT

Deepak Parekh said : “Allowing for restructuring of these loans and categorising them as standard assets will facilitate last-mile funding,” External link

business-standard Thursday, July 2, 2020 11:13:00 PM EAT

Deepak Parekh said : “real estate prices have to be realistic to reflect market realities. This will help developers offload unsold inventory and improve cash flow,” External link

business-standard Thursday, July 2, 2020 11:13:00 PM EAT

Deepak Parekh said : “I think the prices of real estate have to come down... I feel one must be prepared for even 20 per cent,” External link

newindianexpress Sunday, June 7, 2020 8:15:00 AM EAT

Deepak Parekh said : “Next six months are going to be extremely tough. You need liquidity. Get the cash flows coming by selling properties at whatever prices you get. Don’t sit on the completed properties,” External link

business-standard Wednesday, June 3, 2020 10:21:00 PM EAT

Deepak Parekh said ( about India Private Ltd ) : “We should make it easy for the Japanese to come to India rather than them going to Malaysia, Vietnam or Thailand. [Indian] states have to take the initiative and offer them 2,000 to 5,000 acres in some special zone where they do not have to look for land or building approvals,” External link

ibtimes Thursday, May 7, 2020 10:04:00 PM EAT

Deepak Parekh said : “That would offer a better way to renegotiate timelines of repayment than the legal complications of triggering force majeure clauses,” External link

financialexpress Saturday, April 18, 2020 1:49:00 AM EAT

Deepak Parekh said : “For starters, I believe that real estate prices have to come down and they will come down. Naredco’s (National Real Estate Development Council) estimate is 10-15%. I had said somewhere that one must be prepared for even 20%,” External link

financialexpress Wednesday, April 15, 2020 4:18:00 AM EAT

Deepak Parekh said : “For instance, you can offer for the first 45 days, if the migrant labour comes back from their village, the government and the developer community will help them and partly pay for their travel cost and insurance cost,” External link

financialexpress Wednesday, April 15, 2020 4:18:00 AM EAT

Deepak Parekh said : “Many recommendations have been made to RBI to directly purchase corporate bonds and commercial papers of the private sector as the primary markets have dried up,” External link

financialexpress Wednesday, April 15, 2020 4:18:00 AM EAT

Deepak Parekh said : “Make some compromise on valuation. Anyone — foreign, private, sovereign wealth fund, high networth individual — who is willing to put some money as equity. You need equity,” External link

financialexpress Wednesday, April 15, 2020 4:18:00 AM EAT

Deepak Parekh said : “Next six months are going to be extremely tough. You need liquidity. Get the cash flows coming by selling properties at whatever prices you get. Don’t sit on the completed properties,” External link

business-standard Wednesday, April 15, 2020 1:39:00 AM EAT

Deepak Parekh told : “Similarly, we have to join and try to look for (real estate) stressed fund. I will talk to the SBI chairman and see whether we can come together to put capital and get some overseas player like International Finance Corporation (IFC) to come in and invest in that fund,” External link

financialexpress Tuesday, April 14, 2020 8:26:00 PM EAT

Deepak Parekh said : "I think the prices of real estate have to come down and will come down. I believe Naredco''s estimate is between 10-15 percent. I feel one must be prepared for even 20 percent," External link

firstpost Tuesday, April 14, 2020 8:06:00 PM EAT

Deepak Parekh said : "No one who has sanctioned loans to you or given a PE commitment today will agree to disburse post-COVID-19. They will review it again, they will change their mind and they will relook at the big issues," External link

firstpost Tuesday, April 14, 2020 8:06:00 PM EAT

Deepak Parekh said : "I think the prices of real estate have to come down and will come down. I believe Naredco's estimate is between 10-15 per cent. I feel one must be prepared for even 20 per cent," External link

business-standard Tuesday, April 14, 2020 7:25:00 PM EAT

Deepak Parekh said : "No one who has sanctioned loans to you or given a PE commitment today will agree to disburse post COVID-19. They will review it again, they will change their mind and they will relook at the big issues," External link

business-standard Tuesday, April 14, 2020 7:25:00 PM EAT

Deepak Parekh said : “I think the prices of real estate have to come down and will come down. I believe Naredco’s estimate is between 10-15 per cent. I feel one must be prepared for even 20 per cent,” External link

financialexpress Tuesday, April 14, 2020 6:45:00 PM EAT

Deepak Parekh said : “No one who has sanctioned loans to you or given a PE commitment today will agree to disburse post COVID-19. They will review it again, they will change their mind and they will relook at the big issues,” External link

financialexpress Tuesday, April 14, 2020 6:45:00 PM EAT

Deepak Parekh said : "This is absolutely necessary otherwise all lending institutions will have massive non-performing loans and massive provisions to be made. They will start making losses and rating agencies will downgrade everyone and it will be a real disaster because businesses will collapse," External link

business-standard Tuesday, April 14, 2020 4:18:00 PM EAT

Deepak Parekh said : “Today, most of the developers are in a stressful situation and many of them are NPAs or will become NPAs. So, first of all we have to convince the RBI that in the interest of the future of the industry, you have to allow us to do restructuring. Once you do restructuring, we can give you (real estate developers) additional money,” External link

firstpost Tuesday, April 14, 2020 3:05:00 PM EAT

Deepak Parekh said : "This is absolutely necessary otherwise all lending institutions will have massive non-performing loans and massive provisions to be made. They will start making losses and rating agencies will downgrade everyone and it will be a real disaster because businesses will collapse," External link

firstpost Tuesday, April 14, 2020 3:05:00 PM EAT

Deepak Parekh said : “Yields have risen and not fallen despite the steep repo cut as markets know that central and state governments are going to come to the market to borrow heavily. Banks have and will continue to remain risk-averse,” External link

firstpost Tuesday, April 14, 2020 3:05:00 PM EAT

Deepak Parekh said : "This is absolutely necessary otherwise all lending institutions will have massive non-performing loans and massive provisions to be made. They will start making losses and rating agencies will downgrade everyone and it will be a real disaster because businesses will collapse," External link

news18 Tuesday, April 14, 2020 2:54:00 PM EAT

Deepak Parekh said : “Prices should and will come down,” “I believe Naredco’s (National Real Estate Development Council) estimate is between 10-15%. One must be prepared for even 20%” External link

timesofindia Tuesday, April 14, 2020 1:49:00 PM EAT

Deepak Parekh said : "Land is a state subject. Real state prices will come down 20 per cent at least. Developers who have bought land at high prices will take a hit on the projects. Many companies will go bankrupt, MCHI- Credai must talk to the government for a one-time restructuring like in 2008. It will take 8-9 months for things to normalise for real estate," External link

ibtimes-in Sunday, April 12, 2020 6:17:00 PM EAT

Deepak Parekh said : “We should make it easy for the Japanese to come to India rather than them going to Malaysia, Vietnam or Thailand. States have to take the initiative and offer them 2000-5000 acres in some special zone where they do not have to look for land or building approvals,” External link

timesofindia Sunday, April 12, 2020 4:37:00 AM EAT

Deepak Parekh said : “Being over leveraged will be a disaster and avoid debt trap at all costs. Give a discount, let investors make money. Get private equity. Singapore Airlines is doing a rights issue as we speak,” External link

business-standard Saturday, April 11, 2020 11:05:00 PM EAT

Deepak Parekh said : “The yield on USA’s 10-year paper is 0.77 per cent. In India, it is above six per cent. India is at a BBB (lowest investment grade). If we get graded down, we will become a junk bond and this will crash the economy. This is also why it will be difficult to print money,” External link

business-standard Saturday, April 11, 2020 11:05:00 PM EAT

Deepak Parekh said : "These are uncertain and trying times for all of us," External link

business-standard Thursday, April 2, 2020 12:39:00 PM EAT

Deepak Parekh said : "In the aftermath of COVID-19 and with the good intent of over 130 crore Indians, I am certain we will emerge a stronger, more conscious and compassionate nation," External link

business-standard Thursday, April 2, 2020 12:39:00 PM EAT

Deepak Parekh said : “The difficulty may be due to any reason, but there are a large number of depositors, borrowers and employees. We are reasonably confident that the bank will be revived,” External link

taipeitimes Monday, March 16, 2020 9:06:00 PM EAT

Deepak Parekh said : “When I was in my 50s and I got a lifetime achievement award, I was told that it was too early in life. Then when I got a lifetime achievement award in my 60s, I got a subtle hint that I have to hang my boots. Now that I'm in my 70s and I am getting another lifetime achievement award, I'm convinced that I don't need any award, simply because in India we have so many young and amazing achievers,” External link

news18 Saturday, February 29, 2020 8:10:00 AM EAT

Deepak Parekh said : “India will be an important engine for the world,” External link

newindianexpress Thursday, January 30, 2020 9:33:00 AM EAT

Deepak Parekh told ( about Housing Bank ) : "We have requested the NHB (National Housing Bank, sector regulator) and others to take a relook at the provisioning and the NPA issue on projects that are stuck and need the last mile funding," External link

economictimes Tuesday, January 28, 2020 5:50:00 PM EAT

Deepak Parekh told ( about Housing Bank ) : “We have requested the NHB (National Housing Bank, sector regulator) and others to take a relook at the provisioning and the NPA issue on projects that are stuck and need the last mile funding,” External link

financialexpress Tuesday, January 28, 2020 4:13:00 PM EAT

Deepak Parekh said : “Do not be disillusioned with the current difficulties. The tide will and has to change” External link

financialexpress Tuesday, January 28, 2020 2:34:00 PM EAT

Deepak Parekh said : "At the last board meet, I took an idea of investing Rs 100 crore per year in startups," External link

asianage Tuesday, January 28, 2020 1:34:00 PM EAT

Deepak Parekh said : "At the last board meet, I took an idea of investing Rs 100 crore per year in startups," External link

business-standard Tuesday, January 28, 2020 11:39:00 AM EAT

Deepak Parekh said : “At the last board meet, I took an idea of investing Rs 100 crore per year in startups,” External link

Hindu Tuesday, January 28, 2020 11:29:00 AM EAT

Deepak Parekh said : “At the last board meet, I took an idea of investing Rs 100 crore per year in startups,” External link

financialexpress Tuesday, January 28, 2020 11:15:00 AM EAT

Deepak Parekh said : "The great makers of our Constitution clearly intended that the integrity of the Constitution should be preserved against any hasty or ill-conceived changes," External link

business-standard Saturday, January 18, 2020 12:16:00 PM EAT

Deepak Parekh said : "Our Constitution is primarily shaped and moulded for the common man...The great makers of our Constitution clearly intended that the integrity of the Constitution should be preserved against any hasty or ill-considered changes" External link

timesofindia Saturday, January 18, 2020 2:53:00 AM EAT

Deepak Parekh said : "I am an optimist. I am confident about the future of India and that our youth will see India's best days," External link

timesofindia Saturday, January 18, 2020 2:53:00 AM EAT

Deepak Parekh said : “The trust factor is so low among potential homebuyers today. But if a Tata , Mahindra, Godrej or a Shapoorji or a DLF etc comes with a project, they do sell. Even our projects are getting sold because they are with reputed developers. They are also telling the prospective buyers that HDFC has given funding and taken the equity” External link

financialexpress Monday, November 11, 2019 3:53:00 PM EAT

Deepak Parekh said : “We can’t afford to end up in a situation where we cut off the oxygen to even developers with strong balancesheet as lenders remain risk averse,” External link

HindustanTimes Thursday, November 7, 2019 4:23:00 AM EAT

Deepak Parekh said : “If these restructured accounts are considered as standard assets for a period of, say, 12 months, lenders will stop being so diffident. This is not a new suggestion. An exceptional regulatory treatment was permitted by the RBI in 2008, which helped revive sentiment” External link

business-standard Thursday, November 7, 2019 12:24:00 AM EAT

Deepak Parekh said : “It is estimated that at present, only one in five students enrolled in higher education is fortunate to get accommodation in an institutional setup, leaving most to seek alternatives such as rental accommodation. Student housing needs high-speed connectivity, entertainment facilities, and smart devices, besides other basic living facilities. Real estate investors have found that student housing can offer good returns on investments,” External link

business-standard Thursday, November 7, 2019 12:24:00 AM EAT

Deepak Parekh said : "We can't afford to end up in a situation where we cut off the oxygen to even developers with strong balancesheet as lenders remain risk averse," External link

business-standard Thursday, November 7, 2019 12:24:00 AM EAT

Deepak Parekh said : “I do believe that we can overcome this crisis of confidence if lenders are allowed a one-time restructuring of certain real estate loans, particularly for stuck projects where building approvals have been delayed,” External link

Hindu Wednesday, November 6, 2019 8:26:00 PM EAT

Deepak Parekh said : “The trust factor is so low among potential homebuyers today. But if a , Godrej or a Shapoorji or a DLF etc comes with a project, they do sell. Even our projects are getting sold because they are with reputed developers. They are also telling the prospective buyers that HDFC has given funding and taken the equity,” External link

financialexpress Sunday, October 13, 2019 5:18:00 PM EAT

Deepak Parekh said : "The trust factor is so low among potential homebuyers today. But if a Tata, Mahindra, Godrej or a Shapoorji or a DLF etc comes with a project, they do sell. Even our projects are getting sold because they are with reputed developers. They are also telling the prospective buyers that HDFC has given funding and taken the equity," External link

business-standard Sunday, October 13, 2019 4:18:00 PM EAT

Deepak Parekh said : "It seems brutally unfair that we have allowed a system of loan waivers and write-offs every now and again, but we do not have robust enough financial systems to protect the honest, common man's savings," External link

timesofindia Friday, October 11, 2019 8:25:00 AM EAT

Deepak Parekh said : "In unusual times, as we are in right now, fiscal and monetary policy tools need to be accelerated in a timely, yet prudent manner. There is consensus that a slight increase in the fiscal deficit target can be accommodated as long as it stimulates growth," External link

timesofindia Friday, October 11, 2019 8:25:00 AM EAT

Deepak Parekh said : "It takes years to build a reputation and seconds to destroy it. Trust and confidence are the backbone of any financial system. Never underestimate the power of ethics and values. It is a pity that this is so often eroded," External link

timesofindia Friday, October 11, 2019 8:25:00 AM EAT

Deepak Parekh said : "About 30% of global bonds worth $17 trillion are trading at negative yields. Investors are craving for higher yields and India has demonstrated that it can deliver attractive returns," External link

timesofindia Friday, October 11, 2019 8:25:00 AM EAT

Deepak Parekh said : “To my mind, there is no greater cardinal sin in finance than misuse of the common man’s hard-earned savings. It seems brutally unfair that we have allowed a system of loan waivers and write-offs every now and again, but yet we do not have a robust enough financial system to protect the honest common man’s savings,” External link

business-standard Friday, October 11, 2019 12:00:00 AM EAT

Deepak Parekh said : “In unusual times, as we are in right now, fiscal and monetary policy tools need to be accelerated in a timely, yet prudent manner,” External link

Hindu Thursday, October 10, 2019 8:57:00 PM EAT

Deepak Parekh said : "The launch of a Centre for Financial Studies in Mumbai by a top school of management like SPJIMR is a very welcome step. It will benefit the business community as a whole and finance professionals in particular, and will enable them engage with academics on current and futuristic issues. We hope to make full use of this Centre to encourage exchange of ideas and knowledge between various stakeholders in the wider finance community, including regulators and policy makers" External link

business-standard Thursday, October 10, 2019 5:54:00 PM EAT

Deepak Parekh told : "Student housing is a very big growth area and it has taken off well. Many universities, colleges and educational institutions are now in fact selling their own housing to raise money to build more classes, facilities etc," External link

economictimes Wednesday, October 2, 2019 3:27:00 PM EAT

Deepak Parekh said : "One hopes the housing ministry will take up the responsibility to ensure that every state in India adopts these guidelines. This in turn would help widen the bouquet of housing finance products," External link

economictimes Wednesday, October 2, 2019 3:27:00 PM EAT

Deepak Parekh told : "Student housing is a very big growth area and it has taken off well. Many universities, colleges and educational institutions are now in fact selling their own housing to raise money to build more classes, facilities etc," External link

business-standard Wednesday, October 2, 2019 1:44:00 PM EAT

Deepak Parekh said : "One hopes the housing ministry will take up the responsibility to ensure that every state in India adopts these guidelines. This in turn would help widen the bouquet of housing finance products," External link

business-standard Wednesday, October 2, 2019 1:44:00 PM EAT

Deepak Parekh told : "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. The government is doing its best in supporting this industry and we have to get over the past sins of buying land at high prices and building luxury apartments. There is a limit how many luxurious apartments can be sold," External link

firstpost Monday, September 30, 2019 7:26:00 AM EAT

Deepak Parekh said : "Where the demand transformation has happened, is that the customer profile has moved towards end users, because there is no appreciation and the rental yields on housing have come down," External link

news18 Sunday, September 29, 2019 1:33:00 PM EAT

Deepak Parekh said : "Where the demand transformation has happened, is that the customer profile has moved towards end users, because there is no appreciation and the rental yields on housing have come down," External link

economictimes Sunday, September 29, 2019 12:41:00 PM EAT

Deepak Parekh told : “The government is doing its best in supporting this industry and we have to get over the past sins of buying land at high prices and building luxury apartments. There is a limit how many luxurious apartments can be sold,” External link

financialexpress Sunday, September 29, 2019 12:11:00 PM EAT

Deepak Parekh said : “Where the demand transformation has happened, is that the customer profile has moved towards end users, because there is no appreciation and the rental yields on housing have come down,” External link

financialexpress Sunday, September 29, 2019 12:11:00 PM EAT

Deepak Parekh said : "Where the demand transformation has happened, is that the customer profile has moved towards end users, because there is no appreciation and the rental yields on housing have come down," External link

business-standard Sunday, September 29, 2019 10:59:00 AM EAT

Deepak Parekh said : "Where the demand transformation has happened, is that the customer profile has moved towards end users, because there is no appreciation and the rental yields on housing have come down," External link

business-standard Sunday, September 29, 2019 10:59:00 AM EAT

Deepak Parekh told : “Our tax rates have become very competitive now and the government’s move to lower corporate tax rates should help the country attract manufacturing units which we were losing to countries like Vietnam, Cambodia, Thailand, Indonesia and the Philippines,” External link

financialexpress Thursday, September 26, 2019 5:37:00 PM EAT

Deepak Parekh told : "Our tax rates have become very competitive now and the government's move to lower corporate tax rates should help the country attract manufacturing units which we were losing to countries like Vietnam, Cambodia, Thailand, Indonesia and the Philippines," External link

asianage Thursday, September 26, 2019 4:31:00 PM EAT

Deepak Parekh told : "Our tax rates have become very competitive now and the government's move to lower corporate tax rates should help the country attract manufacturing units which we were losing to countries like Vietnam, Cambodia, Thailand, Indonesia and the Philippines," External link

economictimes Thursday, September 26, 2019 4:14:00 PM EAT

Deepak Parekh told : "Our tax rates have become very competitive now and the government's move to lower corporate tax rates should help the country attract manufacturing units which we were losing to countries like Vietnam, Cambodia, Thailand, Indonesia and the Philippines," External link

business-standard Thursday, September 26, 2019 4:06:00 PM EAT

Deepak Parekh said : “A demand transformation has taken place with the customer profile moving to end users because there is no appreciation and rental yields have come down to 2%,” External link

timesofindia Tuesday, September 24, 2019 10:36:00 AM EAT

Deepak Parekh said : “The demand in this segment is insatiable,” External link

timesofindia Tuesday, September 24, 2019 10:36:00 AM EAT

Deepak Parekh saying : “thousands of residential homes were finding no takers” External link

asianage Wednesday, September 4, 2019 3:46:00 AM EAT

Deepak Parekh said : “It is a very welcome move as banks have been reluctant to lend to HFCs and real estate companies which has led to stress in the sector. The amount is fairly large and it will definitely help the struggling industry,” External link

thedailystarBD Saturday, August 24, 2019 11:58:00 PM EAT

Deepak Parekh said : "He was appreciated for listening to the views of industry and then putting forth practical and implementable solutions. As legal and intellectual stalwart, he stood out for his ability to multitask by simultaneously holding charge of key ministries. Deep condolences to his family. India Inc. must honour his legacy," External link

business-standard Saturday, August 24, 2019 7:19:00 PM EAT

Deepak Parekh said : "He was appreciated for listening to the views of industry and then putting forth practical and implementable solutions. As legal and intellectual stalwart, he stood out for his ability to multitask by simultaneously holding charge of key ministries. Deep condolences to his family. India Inc. must honour his legacy," External link

business-standard Saturday, August 24, 2019 4:17:00 PM EAT

Deepak Parekh said : "He was appreciated for listening to the views of industry and then putting forth practical and implementable solutions. As legal and intellectual stalwart, he stood out for his ability to multitask by simultaneously holding charge of key ministries. Deep condolences to his family. India Inc. must honour his legacy," External link

asianage Saturday, August 24, 2019 2:46:00 PM EAT

Deepak Parekh said : "He was appreciated for listening to the views of industry and then putting forth practical and implementable solutions. As legal and intellectual stalwart, he stood out for his ability to multitask by simultaneously holding charge of key ministries. Deep condolences to his family. India Inc. must honour his legacy," External link

timesofindia Saturday, August 24, 2019 2:24:00 PM EAT

Deepak Parekh said : "It is a very welcome move as banks have been reluctant to lend to HFCs and real estate companies which has led to stress in the sector. The amount is fairly large and it will definitely help the struggling industry," External link

ibtimes-in Saturday, August 24, 2019 10:39:00 AM EAT

Deepak Parekh said : “It is a very welcome move as banks have been reluctant to lend to HFCs and real estate companies which has led to stress in the sector. The amount is fairly large and it will definitely help the struggling industry,” External link

firstpost Saturday, August 24, 2019 9:28:00 AM EAT

Deepak Parekh said : “It is a very welcome move as banks have been reluctant to lend to HFCs and real estate companies which has led to stress in the sector. The amount is fairly large and it will definitely help the struggling industry,” External link

asianage Saturday, August 24, 2019 8:03:00 AM EAT

Deepak Parekh said : “Given the inherent demand and low penetration levels, I do believe this is temporary in nature,” External link

timesofindia Saturday, August 3, 2019 11:49:00 AM EAT

Deepak Parekh said : “The challenge today is risk-averseness. Banks are reluctant to lend and there has been a flight to safety where a select, few, high rated NBFCs and housing finance companies have access to funding, while several others’ access to credit has been choked. As a result, a number of NBFCs have curtailed disbursements and this, in turn, has spillover effects into other sectors,” “To my mind, what is critical is re-instilling confidence in lenders to support growth in the economy” External link

timesofindia Saturday, August 3, 2019 11:49:00 AM EAT

Deepak Parekh said : “We should have started this earlier but it is too late now. The subsidiaries have been around for 20 years,” External link

timesofindia Saturday, August 3, 2019 11:49:00 AM EAT

Deepak Parekh said : “The challenge today is risk aversion. Banks are reluctant to lend. There has been a flight to safety where a select few, high-rated non-banking financial companies (NBFCs) and housing finance companies (HFCs) have access to funding. But for several others, access to credit has been choked,” External link

business-standard Saturday, August 3, 2019 9:13:00 AM EAT

Deepak Parekh said : “To my mind, what is critical is re-instilling confidence in lenders to support growth in the economy,” External link

expressindia Saturday, August 3, 2019 3:54:00 AM EAT

Deepak Parekh said : “Banks are reluctant to lend and there has been a flight to safety where a select, few, high rated NBFCs and HFCs have access to funding while for several others, access to credit has been choked,” External link

expressindia Saturday, August 3, 2019 3:54:00 AM EAT

Deepak Parekh said : “As a result, a number of NBFCs and HFCs have curtailed disbursements. This, in turn, has had spillover effects into a number of other sectors,” External link

expressindia Saturday, August 3, 2019 3:54:00 AM EAT

Deepak Parekh said : “Evidently, there has been a distinct slowdown in the economy which was reflected in a lower GDP growth of 6.8 per cent in FY 2019. While there has been an across-the-board slowdown in consumption, given the inherent demand and low penetration levels, I do believe this is temporary in nature,” External link

expressindia Saturday, August 3, 2019 3:54:00 AM EAT

Deepak Parekh said : “The demand for commercial real estate has been buoyant, especially across the top eight cities. One is seeing increased demand for commercial real estate, particularly from the IT sector, e-commerce and professional and services sector. Even demand for retail space has picked up in certain pockets” “In the recent period, several investors such as pension funds, sovereign funds and private equity players with deep pockets have evinced interest in the Indian commercial real estate sector,” External link

expressindia Saturday, August 3, 2019 3:54:00 AM EAT

Deepak Parekh said : “The challenge today is risk aversion. Banks are reluctant to lend. There has been a flight to safety where a select few, high-rated non-banking financial (NBFCs) and housing finance companies (HFCs) have access to funding. But for several others, access to credit has been choked,” External link

business-standard Saturday, August 3, 2019 3:05:00 AM EAT

Deepak Parekh said : “Evidently, there has been a distinct slowdown in the economy which was reflected in a lower GDP growth of 6.8 per cent in FY19. While there has been an across-the-board slowdown in consumption, given the inherent demand and low penetration levels, I do believe this is temporary in nature,” External link

business-standard Saturday, August 3, 2019 3:05:00 AM EAT

Deepak Parekh said : "One is seeing increased demand for commercial real estate, particularly from the IT sector, e-commerce and professional and services sector," External link

business-standard Saturday, August 3, 2019 12:01:00 AM EAT

Deepak Parekh said : “Evidently, there has been a distinct slowdown in the economy which was reflected in a lower GDP growth of 6.8% in FY19. While there has been an across-the-board slowdown in consumption, given the inherent demand and low penetration levels, I do believe this is temporary in nature” External link

Hindu Friday, August 2, 2019 8:34:00 PM EAT

Deepak Parekh said : “One is seeing increased demand for commercial real estate, particularly from the IT sector, e-commerce and professional and services sector,” External link

financialexpress Friday, August 2, 2019 8:33:00 PM EAT

Deepak Parekh said : "Reflecting back, in the first half of the financial year, we were often asked why we were not growing as aggressively as others in certain segments of the commercial real estate market. We held our ground by consciously staying away from funding what we perceived were riskier assets. " External link

siliconindia Thursday, July 4, 2019 7:10:00 AM EAT

Deepak Parekh told : “We held our ground by consciously staying away from funding what we perceived were riskier assets. Unsurprisingly, in the second half of the year, we were asked what we did differently that enabled us to stay resilient and be the preferred choice in the flight to safety. Perhaps a combination of experience and adhering to our risk appetite held us in good stead,” External link

economictimes Thursday, July 4, 2019 7:07:00 AM EAT

Deepak Parekh said : "Many would agree that this is par for the course in any lending business. Yet, we know that stakeholders value us for our transparency and we will not compromise or shy away from owning up to genuine mistakes," External link

firstpost Thursday, July 4, 2019 6:03:00 AM EAT

Deepak Parekh said : “I believe it is important to articulate the role of HDFC’s executive directors in the context of their directorships in HDFC group companies. The objective of having these directorships is to best protect the interests of HDFC’s shareholders. HDFC is the parent company and has investments in its subsidiary and associate companies. Taking care of our strategic investments is a core function at HDFC,” External link

timesofindia Thursday, July 4, 2019 4:42:00 AM EAT

Deepak Parekh said : “Our belief is that shareholders are best served when they exercise their judgment and vote on resolutions based on substance and on a case-by-case basis rather than entirely outsourcing this effort, which is often an algorithm-based one-size-fits-all approach,” External link

timesofindia Thursday, July 4, 2019 4:42:00 AM EAT

Deepak Parekh said : “Directorships of HDFC’s executive directors in HDFC group companies is an extension of their responsibilities at HDFC. It would be erroneous to construe these directors as being over boarded,” External link

timesofindia Thursday, July 4, 2019 4:42:00 AM EAT

Deepak Parekh told : “We held our ground by consciously staying away from funding what we perceived were riskier assets. Unsurprisingly, in the second half of the year, we were asked what we did differently that enabled us to stay resilient and be the preferred choice in the flight to safety. Perhaps a combination of experience and adhering to our risk appetite held us in good stead,” External link

economictimes Wednesday, July 3, 2019 10:03:00 PM EAT

Deepak Parekh said : “In the first half of the financial year [2018-19], we were often asked why we were not growing as aggressively as others in certain segments of the commercial real estate market. We held our ground by consciously staying away from funding what we perceived were riskier assets,” External link

Hindu Wednesday, July 3, 2019 8:23:00 PM EAT

Deepak Parekh said : “While our non-performing loans have been considerably lower than several others in the financial sector, we know we cannot rest on these laurels,” External link

Hindu Wednesday, July 3, 2019 8:23:00 PM EAT

Deepak Parekh said : "We had to do two-step transactions since if HDFC Ergo had directly bought Apollo's stake then it would have breached 49 per cent cap on foreign investment in insurance for Munich Re," External link

business-standard Wednesday, June 19, 2019 9:58:00 PM EAT

Deepak Parekh said : “What is particularly attractive for us is Apollo Munich’s strong agency network with over 70,000 agents. A diversified distribution network is essential to strengthen market position,” External link

Hindu Wednesday, June 19, 2019 8:49:00 PM EAT

Deepak Parekh said : “We believe this valuation is reasonable and this transaction will result in strong synergies and bring in economies of scale,” External link

Hindu Wednesday, June 19, 2019 8:49:00 PM EAT

Deepak Parekh said : “So, there is adequate liquidity in the banking system. Now it is up to individual banks whom to lend to and whom not to lend to,” “In the affordable housing space, we see phenomenal growth happening. High-value flats...there is a slowdown in demand in the last six months,” External link

Hindu Wednesday, June 19, 2019 8:49:00 PM EAT

Deepak Parekh told : "The transaction will strengthen our commitment to the growing health insurance segment. The combined expertise of HDFC Ergo and Apollo Munich will result in greater product innovation, wider distribution and enhanced servicing capabilities," External link

dnaindia Wednesday, June 19, 2019 7:54:00 PM EAT

Deepak Parekh told : “The transaction will strengthen our commitment to the growing health insurance segment. The combined expertise of HDFC Ergo and Apollo Munich will result in greater product innovation, wider distribution and enhanced servicing capabilities,” External link

financialexpress Wednesday, June 19, 2019 4:44:00 PM EAT

Deepak Parekh said : "Some of the old-timers, who have treated patients for decades here, will also be back. The hospital will have most of the old facilities that it was known for," External link

timesofindia Thursday, May 9, 2019 12:57:00 AM EAT

Deepak Parekh said : “That takes away all the money, and that means there is not enough left for development. We have to find a way of employing the poor people usefully, and get them into earning. So that there is self-respect and that they are themselves worth something, and not only free things," he said. Most corporate chieftains ditched their formal attire for a more casual one in the Mumbai summers. ALSO READ: Lok Sabha elections 2019: How to vote, check voter list and elections dates Tata Group Chairman N Chandrasekaran was among the first ones to vote among India Inc leaders. Accompanied by his wife, he voted in Worli in the morning, minutes after polling began. Reliance ADA Group Chairman Anil Ambani was also among the early voters at a Cuffe Parade polling station. His brother Mukesh Ambani voted at a convent school in Peddar Road with his family. Senior Ambani had endorsed Congress leader Milind Deora, who is contesting from Mumbai South constituency in Maharashtra in the election, along with senior banker Uday Kotak. Also at Peddar Road, HDFC chairman Deepak Parekh voted for a stable government. "We want a stable government. Somebody who can give stability to the country for the next 5 years,” External link

business-standard Monday, April 29, 2019 11:59:00 PM EAT

Deepak Parekh added : "I think the timing for this REIT was right with the good interest rate and pricing. Two-three of our clients are in talks with us to invest in them over the next couple of quarters. I think we will see more REITs being launched soon," External link

news18 Monday, April 1, 2019 10:13:00 PM EAT

Deepak Parekh said : "This is because of arbitrage gains as the interest rate gap between the US and India is huge. Also, the rupee has appreciated due to more inflows. This is a positive sign despite election uncertainty," External link

news18 Monday, April 1, 2019 10:13:00 PM EAT

Deepak Parekh explained : “A non-bank can hold up to 9.9%, but the merger gives us little less than 15%. Even for 9.9%, we need RBI approval because only a 5% stake is automatic,” External link

financialexpress Tuesday, January 8, 2019 4:21:00 AM EAT

Deepak Parekh said : “This merger will create one of the largest rural and semi-urban lending platforms in India,” External link

news-yahoo Tuesday, January 8, 2019 3:50:00 AM EAT

Deepak Parekh said : “Investcorp is driving an ambitious phase of growth which is guided by a vision to transform itself into one of the world’s leading diversified global alternative asset managers. In a short period of time the team has delivered a doubling of assets under management, broadened its investor base and expanded its product lines for its clients. I am truly excited to be joining the advisory board at this transformational time and look forward to working with the Investcorp management team and my fellow international advisory board members” External link

tradearabia Tuesday, September 12, 2017 1:33:00 PM EAT

Deepak Parekh said : "There is a deep conviction that India will emerge as a much stronger force after demonetization. The biggest advantage for home-buyers will be lower interest rates, transparency and no large cash payments and thus, we also hope that many developers now move towards affordable homes," External link

dnaindia Saturday, January 14, 2017 11:48:00 PM EAT

Deepak Parekh said : "I expect price of real estate to come down. One expects the price of real estate should come down in medium term" External link

dnaindia Wednesday, November 9, 2016 12:34:00 AM EAT

Deepak Parekh said : "We are excited by the great potential this merger brings to all stakeholders," External link

economictimes Friday, September 9, 2016 5:14:00 PM EAT

Deepak Parekh said : "The time has come for a careful evaluation of the Railways' assets. If resources are scarce, there needs to be greater focus on creating core assets while hiving off other assets.. Evidently, more out-of-the-box solutions are needed," External link

economictimes Saturday, September 3, 2016 8:37:00 PM EAT

Deepak Parekh said : "Secondly, the Railways should monetise some of its vast land holdings. This land parcels may well be used for affordable housing and in turn, it could bring in large resources for the Railways," External link

economictimes Saturday, September 3, 2016 8:37:00 PM EAT

Deepak Parekh said : “India has never been in a stronger position than today from a macro-economic perspective. The country is demonstrating an immense growth potential helped by a strong leadership at the helm, driving key policy changes,” External link

expressindia Wednesday, August 31, 2016 5:16:00 PM EAT

Deepak Parekh said : “Often when infrastructure projects are a work-in-progress, there tends to be a feeling that nothing is happening on the ground. But this is certainly not the case in India,” External link

expressindia Wednesday, August 31, 2016 5:16:00 PM EAT

Deepak Parekh said : “Risk management cannot be the sole responsibility of the board of directors. There has to be an orientation and culture of risk mitigation in every action of all employees. This sensitisation comes when employees feel empowered and responsible for the work areas. Risk management is a collective responsibility …” External link

expressindia Wednesday, August 31, 2016 5:16:00 PM EAT

Deepak Parekh said : “India has never been in a stronger position than today from a macro-economic perspective. The country is demonstrating an immense growth potential helped by a strong leadership at the helm, driving key policy changes,” External link

expressindia Monday, August 29, 2016 2:55:00 PM EAT

Deepak Parekh said : “What the country needs at this juncture is to focus on attracting much more long-term investors looking for higher yields in their investments,” External link

expressindia Monday, August 29, 2016 2:55:00 PM EAT

Deepak Parekh said : "India has never been in a stronger position than today from a macro-economic perspective. The country is demonstrating an immense growth potential helped by a strong leadership at the helm, driving key policy changes," External link

dnaindia Monday, August 29, 2016 1:46:00 PM EAT

Deepak Parekh said : "What the country needs at this juncture is to focus on attracting much more long-term investors looking for higher yields in their investments," External link

dnaindia Monday, August 29, 2016 1:46:00 PM EAT

Deepak Parekh said : "We will proceed with the regulatory filings and I expect the merger to close in 12 months. The merger will make our consolidated market share 10.8% with an AUM of Rs 1.10 trillion," External link

dnaindia Tuesday, August 9, 2016 9:11:00 AM EAT

Deepak Parekh said : “We all know that LIC had 100 per cent market share before the sector was opened up for the private sector. The LIC market share is now 50 per cent. It can be 25 per cent after some years,” “There’s tremendous growth opportunity in the insurance sector. In India, insurance is under-penetrated,” External link

expressindia Tuesday, August 9, 2016 7:05:00 AM EAT

Deepak Parekh said : "We will proceed with the regulatory filings and I expect the merger to close in 12 months. The merger will make our consolidated market share 10.8 per cent with an AUM of Rs 1.10 trillion," External link

dnaindia Monday, August 8, 2016 11:42:00 PM EAT

Deepak Parekh said : "India's need for funding for infrastructure is massive, the private sector has limited resources and the capacity of Indian banks to lend large sums of money is restricted by the amount of deposits they can mobilise," "So we have to look overseas for funding" External link

reuters-in Tuesday, August 2, 2016 4:39:00 PM EAT

Deepak Parekh told : "We are getting calls from SWFs around the world, saying 'the next 20 billion, just give it to us'" External link

ibtimes-in Tuesday, August 2, 2016 3:10:00 PM EAT

Deepak Parekh said : "This is a milestone transaction for HDFC. We have successfully achieved our objective of attracting a global pool of capital to further diversify our borrowing profile. The positive investors response towards this issuance reinforces the blue-chip positioning of HDFC and establishes a significant landmark for Indian companies," External link

ibtimes-in Tuesday, August 2, 2016 3:10:00 PM EAT

Deepak Parekh said : "India's need for funding for infrastructure is massive, the private sector has limited resources and the capacity of Indian banks to lend large sums of money is restricted by the amount of deposits they can mobilise," "So we have to look overseas for funding" External link

reuters-in Monday, August 1, 2016 5:43:00 PM EAT

Deepak Parekh added : "The listing of these bonds on the London stock exchange gives us immense pride. London Stock Exchange continues to distinguish itself by offering a wide range of financial instruments and enjoys unshakeable trust from international investors" External link

cityam Monday, August 1, 2016 3:59:00 PM EAT

Deepak Parekh said : "HDFC is keen to diversify its borrowing profile by tapping global investors through this issue of rupee-denominated bonds," External link

economictimes Tuesday, July 12, 2016 5:03:00 AM EAT

Deepak Parekh explains : "In Satyam, there was no legal case. We had to just go in, clean up the book and make operations more transparent," External link

economictimes Tuesday, July 5, 2016 12:15:00 AM EAT

Deepak Parekh says : "Harshad Mehta case is different as courts had a lot of work to do. But then, the case should not have dragged so long. This shows our legal system is slow and overburdened," External link

economictimes Tuesday, July 5, 2016 12:15:00 AM EAT

Deepak Parekh said : "It's a pity to lose him. I'm wondering what has precipitated this action by the governor. I am sure the government, at the right time, would have considered giving him another two years term as most governors have got" External link

dnaindia Sunday, June 19, 2016 4:43:00 AM EAT

Deepak Parekh said : "The top four private insurers today constitute 65 per cent of the private insurance market, while the remaining 19 have a combined market share of 35 per cent. Both HDFC Life and Max Life have, over the years, followed a strategy of consistent and responsible growth to create value for their respective customers and stakeholders" External link

4-traders Saturday, June 18, 2016 11:51:00 PM EAT

Deepak Parekh said : "Both have strong new business margins. HDFC Life's post overrun new business margins is 19.8 per cent whereas Max Life is 17.9 per cent," External link

4-traders Saturday, June 18, 2016 11:51:00 PM EAT

Deepak Parekh said : “It’s a pity to lose him. I’m wondering what has precipitated this action by the governor. I am sure the government, at the right time, would have considered giving him another two years term as most governors have got” External link

expressindia Saturday, June 18, 2016 8:45:00 PM EAT

Deepak Parekh said : “It’s a pity to lose him. I’m wondering what has precipitated this action by the governor. I am sure the government, at the right time, would have considered giving him another two years term as most governors have got” External link

expressindia Saturday, June 18, 2016 5:45:00 PM EAT

Deepak Parekh said : "We will have many challenges on the way," External link

economictimes Saturday, June 18, 2016 12:59:00 AM EAT

Deepak Parekh said ( about Analjit Singh ) : "I have met Analjit only once," External link

economictimes Saturday, June 18, 2016 12:59:00 AM EAT

Deepak Parekh said : "The top four private insurers today constitute 65 per cent of the private insurance market, while the remaining 19 have a combined market share of 35 per cent. Both HDFC Life and Max Life have, over the years, followed a strategy of consistent and responsible growth to create value for their respective customers and stakeholders" External link

economictimes Friday, June 17, 2016 9:59:00 PM EAT

Deepak Parekh said : "Both have strong new business margins. HDFC Life's post overrun new business margins is 19.8 per cent whereas Max Life is 17.9 per cent," External link

economictimes Friday, June 17, 2016 9:59:00 PM EAT

Deepak Parekh told : “Some members advised him to step down for a while. I understand he has gone on leave now. There was a governing council meeting some time back. Though I did not attend it, I understand this issue (sexual harassment charge) was not on the agenda,” External link

expressindia Wednesday, February 25, 2015 6:00:00 AM EAT

Deepak Parekh said : "They have opened over ten crore accounts and all of them have got Rs 1 lakh policies and 75 per cent of them have Rupay cards. That scheme has been a success. Many may not have used it, but now when subsidies come into those accounts, they will use those cards. " External link

economictimes Sunday, February 22, 2015 4:53:00 PM EAT

Deepak Parekh said : "Today if I take a business call here at HDFC, and 1-2 years later it goes wrong, in the sense of 10-20 crore, we started a new company and it lost money, I will take the blame, but I won't be investigated by my board. It will be a wrong call and a business decision that went wrong. " External link

economictimes Sunday, February 22, 2015 4:53:00 PM EAT

Deepak Parekh said : “Secondly, there must be some encouragement to put capital investment on the ground, because people are reluctant to put new projects. So, you have to give some incentives for new companies, for existing companies to start new ‘Make in India’ projects, manufacturing projects,” External link

Hindu Sunday, February 22, 2015 2:46:00 PM EAT

Deepak Parekh said : “I think there is still a lot of optimism among the people of the country and among the industrialists and entrepreneurs that the Modi government will be good for business, for progress, for reducing corruption. They think this government means business on all these fronts… However, after nine months, there is a little bit of impatience creeping in as to why no changes are happening and why this is taking so long having effect on the ground” External link

thehindu Wednesday, February 18, 2015 9:00:00 PM EAT

Deepak Parekh said : “The thing is that our Prime Minister had a lucky period in these nine months. The world commodity prices are at all-time low which help India the most,” External link

thehindu Wednesday, February 18, 2015 9:00:00 PM EAT

Deepak Parekh said : “I think there is still a lot of optimism among the people of the country and among the industrialists and entrepreneurs that the Modi government will be good for business, for progress, for reducing corruption. They think this government means business on all these fronts… However, after nine months, there is a little bit of impatience creeping in as to why no changes are happening and why this is taking so long having effect on the ground” External link

Hindu Wednesday, February 18, 2015 8:02:00 PM EAT

Deepak Parekh said : “The thing is that our Prime Minister had a lucky period in these nine months. The world commodity prices are at all-time low which help India the most,” External link

Hindu Wednesday, February 18, 2015 8:02:00 PM EAT

Deepak Parekh told : “The optimism is there but it is not translating into revenues. Any industry you see, when there is a lot of optimism, the growth should be faster,” External link

thehindu Wednesday, February 18, 2015 5:54:00 PM EAT

Deepak Parekh said : “The thing is that our Prime Minister had a lucky period in these nine months. The world commodity prices are at all-time low which help India the most,” External link

thehindu Wednesday, February 18, 2015 5:54:00 PM EAT

Deepak Parekh said : “Just to give you an example of our own case. We needed to raise some capital in HDFC Bank. It took more time this time than earlier years to get approvals from FIPB etc,” External link

thehindu Wednesday, February 18, 2015 5:54:00 PM EAT

Deepak Parekh said : “The optimism is there but it is not translating into revenues. Any industry you see, when there is a lot of optimism, the growth should be faster,” External link

expressindia Wednesday, February 18, 2015 4:50:00 PM EAT

Deepak Parekh said : “The thing is that our Prime Minister had a lucky period in these nine months. The world commodity prices are at all-time low which help India the most,” External link

expressindia Wednesday, February 18, 2015 4:50:00 PM EAT

Deepak Parekh told : “The optimism is there but it is not translating into revenues. Any industry you see, when there is a lot of optimism, the growth should be faster,” External link

Hindu Wednesday, February 18, 2015 4:49:00 PM EAT

Deepak Parekh said : “The thing is that our Prime Minister had a lucky period in these nine months. The world commodity prices are at all-time low which help India the most,” External link

Hindu Wednesday, February 18, 2015 4:49:00 PM EAT

Deepak Parekh said : “Just to give you an example of our own case. We needed to raise some capital in HDFC Bank. It took more time this time than earlier years to get approvals from FIPB etc,” External link

Hindu Wednesday, February 18, 2015 4:49:00 PM EAT

Deepak Parekh said : "The optimism is there but it is not translating into revenues. Any industry you see, when there is a lot of optimism, the growth should be faster," External link

economictimes Wednesday, February 18, 2015 4:39:00 PM EAT

Deepak Parekh said : "The thing is that our Prime Minister had a lucky period in these nine months. The world commodity prices are at all-time low which help India the most," External link

economictimes Wednesday, February 18, 2015 4:39:00 PM EAT

Deepak Parekh said : "The thing is that our Prime Minister had a lucky period in these nine months. The world commodity prices are at all-time low which help India the most," External link

rediff Wednesday, February 18, 2015 4:18:00 PM EAT

Deepak Parekh told : "The optimism is there but it is not translating into revenues. “Any industry you see, when there is a lot of optimism, the growth should be faster," External link

rediff Wednesday, February 18, 2015 4:18:00 PM EAT

Deepak Parekh said : "The thing is that our Prime Minister had a lucky period in these nine months. “The world commodity prices are at all-time low which help India the most," External link

rediff Wednesday, February 18, 2015 4:18:00 PM EAT

Deepak Parekh said : "I don't think the government is going to give more goodies in the Budget as fiscal deficit is very high. How can they give more concessions?" External link

economictimes Wednesday, February 11, 2015 8:37:00 AM EAT



Key Titles and Phrases Count Lang Last Seen
chairman of india2.22%EN11/20/201720/11/2017
chairman69.33%EN11/07/201707/11/2017
housing development finance corporation chairman0.44%EN11/07/201707/11/2017
finance corporation chairman0.44%EN11/07/201707/11/2017
development finance corporation chairman0.44%EN11/07/201707/11/2017
banker10.22%EN08/02/201702/08/2017
chief0.44%EN03/27/201727/03/2017
chairman hdfc limited0.44%EN01/03/201703/01/2017
justice1.78%EN11/04/201604/11/2016
chairman of hdfc3.56%EN09/10/201610/09/2016
chairman of hdfc ltd.0.44%EN09/09/201609/09/2016
chairman of housing development finance corporation0.44%EN08/03/201603/08/2016
industry leader2.22%EN06/26/201626/06/2016
chairman of hdfc bank0.44%EN06/19/201619/06/2016
chairman of housing development finance corp0.89%EN06/17/201617/06/2016
hdfc limited chairman0.44%EN05/19/201619/05/2016
top industry leader4.00%EN02/22/201522/02/2015
leader1.33%EN02/19/201519/02/2015
director0.44%EN01/13/200913/01/2009
Names Lang Count
Deepak ParekhEN100.00%


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