Full text of Deepak Parekh's last letter to HDFC shareholders; read here
HDFC chairman Deepak Parekh has announced that he would be “hanging his boots” in his last letter to the shareholders in conjunction with the HDFC and HDFC Bank merger.
HDFC chairman Deepak Parekh announced on Friday that he would be “hanging his boots" in his last letter to the shareholders ahead of the HDFC and HDFC Bank merger. Deepak Parekh expressed a strong conviction that the alliance between HDFC Bank and its group entities would strengthen further as the bank assumes ownership of the group through an anticipated reverse merger. The reverse merger of parent HDFC Ltd with HDFC Bank is expected to be effective from July 1.