Deepak Parekh
Mumbai, Maharashtra,India
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Deepak Parekh is an eminent Indian business leader, best known for his transformative leadership as the Chairman of HDFC Limited, India's premier housing finance company, prior to its merger with HDFC Bank. With a career spanning over four decades in the financial services industry, he joined HDFC in 1978 and became its Chairman in 1993. Parekh has been instrumental in shaping India's housing finance sector and has been a guiding force in Indian business, often referred to as a 'crisis man' for his role in steering companies like Satyam Computer Services through difficult times. He is highly respected for his ethical leadership, profound insights into the Indian economy, and contributions to various policy-making bodies and corporate boards. He has served on the boards of numerous leading Indian and international companies.
Professional Summary
Deepak Parekh's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
Notable Achievements
Padma Bhushan Award
Awarded one of India's highest civilian honors by the Government of India in 2006 for his contributions to trade and industry.
Leadership at HDFC
Spearheaded HDFC Ltd. to become India's largest mortgage lender and a diversified financial conglomerate, significantly contributing to making home ownership a reality for millions in India.
Knight Commander of the Order of St Michael and St George (KCMG)
Conferred by Queen Elizabeth II in 2010 for services to UK-India business relations, being the first Indian recipient for these services.
Numerous Lifetime Achievement Awards
Recognized by various prestigious institutions and media houses for his outstanding contributions to the Indian financial sector and business leadership, including from Forbes India, Economic Times, and Business India.
Key Advisory Roles
Served on numerous influential committees and advisory panels for the Indian government and regulatory bodies, contributing to financial sector reforms and policy formulation.
Educational Background
Corporate Social Responsibility, CSR
Harvard Business School Executive Education - Year 2015
A management; a premier sectoral Business school, 2005
IIFM-Bhopal - Year 2003
Bachelors Degree; Hons, Economics
University of Delhi - Year 1999
12th CBSE, Science
Chinmaya Vidyalaya - Year 1996
10th, ICSE
De Nobili School, CFRI - Year 1984
Financial Product Development for Low Income Households, Rural Finance
Bankers Institute for Rural Development - Year 2011
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Company Overview
RBL BankRBL Bank Limited is one of India's leading private sector banks offering a wide range of banking products and services to large corporates, Small and Medium Enterprises (SMEs), retail customers, and in the agricultural sector. Originally founded as Ratnakar Bank in 1943, it underwent a significant transformation and rebranding to RBL Bank in 2014. The bank focuses on a customer-centric approach, leveraging technology to provide convenient and efficient banking solutions. Its services span across corporate & institutional banking, commercial banking, branch & business banking, retail assets, and treasury & financial markets operations.
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