Hasmukhbhai parekh biography books free download
Hasmukhbhai Parekh
Indian financial entrepreneur
Hasmukh Thakordas Parekh | |
|---|---|
| Born | ()10 March Surat, British India |
| Died | 18 November () (aged&#;83)[1] India |
| Nationality | Indian |
| Known&#;for | Founding HDFC and GRUH Finance Ltd. |
Hasmukh Thakordas Parekh (10 March &#;– 18 November ) was an Indian financial entrepreneur, writer and philanthropist.
He played a role in the development of Industrial Credit & Investment Corporation of India, now ICICI Bank, founded the Housing Development Finance Corporation, and in was awarded the Padma Bhushan for his contribution to the finance industry in India.[2] The London School of Economics also conferred on him an honorary fellowship.
Hasmukhbhai parekh biography books free download His wisdom and warmth drew people from all walks of life to him for advice, guidance and inspiration. HDFC earns the distinction of being the first company in India to dematerialize its equity shares. Click page headings to go there. Biographies from Ancient History.Biography
Hasmukh Thakordas Parekh was born to a family in Surat, Gujarat. During his early life he lived in a chawl with his father, Thakurdas, and had to juggle a part-time job and studies with the London School of Economics. He subsequently worked as a lecturer at St. Xavier's College, Mumbai, for three years, and later began his financial career with the stock broking firm Harkisandass Lukhmidass.
He joined ICICI as Deputy general manager in , became chairman and managing director in He retired in and was Chairman of ICICI's Board until
At 66, when he had already received many honours and was stepping down from ICICI, he started a new institution, the Housing Development Finance Corporation (HDFC), the first of its kind for housing finance in India.
On meeting the then Secretary of Finance, Dr Manmohan Singh, the latter told him that HDFC was an unknown venture and that no one knew if it would "click" with the Indian people, but Hasmukh Thakordas Parekh had by then already obtained promises of funding from overseas investors, and he was enthusiastic about the project.
Hasmukhbhai parekh biography books free download 15 full Country Code. Yashwant Sinha, former Union Finance Minister. Mar Keki M.H.T. Parekh Library (IFMR) is an archive and reference library. It is used by Institute's faculty members, researchers, staff, students as well as outsiders for their academic and research requirements.