Deepak Parekh to chair HDFC's last board meeting today: A captain's knock financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
“It is my time to hang my boots with both anticipation and hope for the future," Parekh wrote to HDFC shareholders for the last time as chairman. "While this will be my last communication to shareholders of HDFC, rest assured we now stride tall into a very exciting future of growth and prosperity."
Housing finance company HDFC Ltd and private retail bank HDFC Bank are set to merge on July 1, creating a mega entity. How and why did the merger come about, and what will change after the two companies become one?