Deepak Parekh, Chairman of HDFC Ltd, India's largest housing finance company, was the guest at ThePrint's Off the Cuff. In a conversation with Editor-in-Chief...
At ThePrint's Off the Cuff, HDFC chairman Deepak Parekh said govt should reduce stakes in state-owned banks to 51% and pursue aggressive asset monetisation & privatisation.
In the latest budget, the FDI limit was increased to 100 percent, but most foreign companies are not buying such large stakes in the Indian insurance sector.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
I lost my job and till December 2020 our company has stopped operations. They even have not clear our half salary on which we had agreed during lockdown period. Moratorium is the only option till then cash flow will speed up. Even in this difficult times some finance lending institutions are imposing numerous charges citing various conditions and reasons.
Those who want marotorium it will be given to him .because thare is no cash flows in business there no support to msme swctor small business feom banks .
That would be the optimal solution , Moratorium will create the chaos when it’s ends ,so restructuring is far better than Moratorium as it’s incur Interest and that would be an extra Burden on Borrower and that may cause extra NPA account.Borrowers are opting for moratorium whether thay have or not the capacity to repay because of the ongoing financial crunch,they have to pay but it’s the fear of what will happen tomorrow bounding them to take the advantage of moratorium for the time being.
Worst decision by Deepak parekh he is Parasite who sink the poor blood for honest man Vijay malya aur neerav modi ka kuch nhi ukhaad paaoge .jiski job chali gayi wo Kya karega buddhe
How to take restructuring policy
I lost my job and till December 2020 our company has stopped operations. They even have not clear our half salary on which we had agreed during lockdown period. Moratorium is the only option till then cash flow will speed up. Even in this difficult times some finance lending institutions are imposing numerous charges citing various conditions and reasons.
Those who want marotorium it will be given to him .because thare is no cash flows in business there no support to msme swctor small business feom banks .
That would be the optimal solution , Moratorium will create the chaos when it’s ends ,so restructuring is far better than Moratorium as it’s incur Interest and that would be an extra Burden on Borrower and that may cause extra NPA account.Borrowers are opting for moratorium whether thay have or not the capacity to repay because of the ongoing financial crunch,they have to pay but it’s the fear of what will happen tomorrow bounding them to take the advantage of moratorium for the time being.
Worst decision by Deepak parekh he is Parasite who sink the poor blood for honest man Vijay malya aur neerav modi ka kuch nhi ukhaad paaoge .jiski job chali gayi wo Kya karega buddhe