India's future prosperity hinges on robust governance across public and private sectors, emphasized HDFC Bank Chairman Deepak Parekh. He highlighted that ongoing reforms are building a strong foundation for growth, with a call for further banking sector conso…

Deepak Parekh emphasizes the need for bold banking reforms to support India's growing economy and enhance governance for future growth.
Industry veteran Deepak Parekh stated the banking and financial services sector is not facing major systemic risks from global geopolitical uncertainties. He anticipates a short-term slowdown in loan growth. Real estate investment trusts are growing in India.…
Former HDFC Chairman Deepak Parekh released a CBRE South Asia report at the CII BFSI Summit 2026, which highlighted a surge in capital deployment in India's real estate sector, with equity inflows touching a record USD 30.7 billion between 2024 and the first …

The change is linked to the introduction and expansion of the new tax regime, which became the default option from April 1, 2023