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Former HDFC Chairman Deepak Parekh's 1978 Job Offer Letter Goes Viral; Do You Know What Was His Salary 45 Years Ago?

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. ....

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