According to the offer letter, Parekh was offered a basic salary of Rs 3,500 plus Rs 500 as a fixed Dearness Allowance in 1978. Besides his salary, Deepak Parekh was also entitled to a 15 per cent Housing Rent Allowance and a 10 per cent City Compensatory Allowance.
In regulatory filing, bank said deposits aggregated to around Rs 20,63,500 crore as of June 30, rise of 16.2 per cent from Rs 17,76,000 crore a year ago