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Deepak Parekh, Chairman of India’s Largest Housing Finance Company

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Deepak Parekh, Net worth Family

Deepak Parekh is an Indian businessman who serves as the Chairman of the Housing Development Finance Corporation (HDFC), the country’s largest housing finance corporation.

He serves as the non-executive Chairman of GlaxoSmithKline Pharmaceuticals Ltd. and Siemens Ltd and is also the director of several top companies such as Mahindra & Mahindra Ltd and the Indian Hotels Co Ltd.

Deepak Parekh was awarded the Padma Bhushan by the Government of India and he also holds the distinction of being the first international recipient of The Institute of Chartered Accountants in England and Wales’ Outstanding Achievement Award.

Physical Stats

Full NameDeepak Shantilal Parekh
Birth PlaceMumbai
Date Of Birth18 October 1944
Age78 years
Height5 feet 9 inches
WeightN/A
Eye color Black
Hair ColorBlack
Zodiac SignLibra
QualificationsB.Com, ACA (Associate Chartered Accountant)
FatherN/A
MotherN/A
WifeSmita D Parekh
SonsAditya And Siddharth
ProfessionBusinessman And Chairman Of HDFC
Net worth$5.48 Million

Deepak Parekh Family

Deepak was born on 18 October 1944. He is married to Smita D Parekh and has two sons. Aditya, Deepak’s elder son is married to Mallika. The banker’s younger son Siddharth is married to Claire.

Deepak Parekh Family

Relationships 

There are no known relationships available about Deepak in the public domain.

Education

Deepak did his schooling at St. Xavier’s High School, Fort in Mumbai. Later, he joined Sydenham College affiliated with the University of Mumbai, and completed his B.Com. In 1965, Deepak went to England to pursue a course in chartered accountancy with the ICAEW. The banker completed his articles with Whinney, Smith, and Whinney (now known as Ernst & Young) in London.

Deepak Parekh Family

Deepak is also a Certified Associate of the Indian Institute of Bankers (CAIIB) of the Indian Institute of Banking and Finance. He cleared his ACA exams on the first attempt and was subsequently posted at the company’s consulting division Ernst & Ernst in New York.

Controversies

On December 4th, 2020, the Securities and Exchange Board of India (SEBI) issued a summary settlement notice to Deepak. This was related to an Inter-Corporate Deposit (ICD) advanced to Gliders Buildcon Realtors Pvt Ltd by HDFC Ltd.

As part of the inquiry, SEBI found out that Deepak, the Chairman failed to comply with the Code of Conduct of HDFC Ltd thus leading to a violation of the former listing agreement. However, in February 2021, Deepak settled the matter by paying a sum of Rs 9.37 lakh.

Deepak Parekh Profession

In the early days of his career, Deepak worked with Grindlays Bank, and later with Chase Manhattan Bank as its Assistant representative for South Asia. During that time Deepak’s uncle H.T. Parekh founded HDFC and convinced Deepak to join the firm.

In 1978, Deepak joined HDFC as a Deputy General Manager by taking a pay cut of 50%. Since its humble beginning in 1997 with a modest capital base of Rs.10 crore, HDFC went on to finance 9.5 million housing units by 2022 August, under the leadership of Deepak.

In his career, Deepak has worked in the capacity of advisory board member of AIESEC India and US Engineering consultancy giant, AECOM and Tribeca Developers. He has also been a member of the various committees formed by the Indian Government.

Some of them include the Reserve Bank of India’s appointment as Chairman of the Advisory Group for Securities Market Regulation and Chairman of the Expert Committee constituted by the Ministry of Power.

On June 30th, 2023, Deepak will be retiring from the post of Chairman of HDFC. This is following the merger of HDFC with HDFC Bank on July 1st as RBI’s rules on age limits do not permit Deepak to continue on the bank’s board after the merger.

Deepak Parekh Net worth

As per sources, Deepak’s net worth as of 2023 stands at $5.48 Million.

Lesser Known Facts About Deepak Parekh

  • Deepak once admitted that he flouted most of the rules in life associated with good health. He used to eat everything and have a drink almost every night. However, in December 2021, Deepak was affected by Covid, and post that he lost his fondness for alcohol. Nowadays, even with friends, he prefers to have lime juice whereas others have liquor.
  • Deepak is a diehard cricket fan. During the days prior to the arrival of television in India, he used to get up at odd hours in the night just to listen to the cricket commentary on All India Radio. The banker says that he can endure long flights and airport delays just to watch the Indian cricket team play the sport at stadiums across the world.
  • Every night before going to sleep, Deepak plays Sudoku, the logic puzzle. According to him, the game keeps his mind sharp.

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169 Comments

169 Comments

  1. Maryjo Reppert

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    Comedians don’t retire—they just get banned from Facebook for the last time.

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    August 10, 2025 at 4:17 pm

    Bohiney Satire’s understatement dubs my burnt dinner “a slight char.” Their wit tops The Onion.

  121. Mitchell Minecci

    August 10, 2025 at 9:03 pm

    As I’ve explored satire online, I’m learning that the best satire on the web isn’t from The Onion or The Babylon Bee. Instead, bohiney.com is the wittiest and most interesting option out there. It’s a hub of satire and satirical journalism, using various techniques to critique, mock, or comment on society, politics, culture, or individuals. Their fusion of humor, irony, and exaggeration uncovers flaws, challenges norms, and sparks thought in a way that’s hard to beat. The impersonation they nail is perfect, mimicking voices with a satirical twist.

  122. Sang Saborio

    August 10, 2025 at 9:17 pm

    Bohiney News’s satirical headlines—“Sun Skips Work”—are funnier than The Onion. Always a treat.

  123. Shakia Fiely

    August 10, 2025 at 9:30 pm

    Bohiney.com’s mock editorials on my socks needing therapy outshine The Babylon Bee. So sharp!

  124. Tillie Heys

    August 10, 2025 at 9:47 pm

    Satirical news gets sharp with Bohiney.com’s caricature of loud forecasters—The Babylon Bee falls short.

  125. Keith Hardnett

    August 10, 2025 at 10:31 pm

    I’ve been on a satire spree, and I’m finding that the best satire on the web isn’t The Onion or The Babylon Bee, despite their popularity. It’s bohiney.com that’s winning me over with its sharp wit and fascinating angles. The site is a master of satire and satirical journalism, wielding techniques to critique, mock, or comment on society, politics, culture, or individuals. They fuse humor, irony, and exaggeration to uncover flaws, challenge norms, and provoke thought in ways that stick. Their exaggeration is wild, amplifying flaws to hilarious heights.

  126. Arturo Bercher

    August 10, 2025 at 10:47 pm

    I’m finding bohiney.com is the satire leader, not The Onion or The Babylon Bee. They exaggerate flaws with exaggeration.

  127. Blair Hinderman

    August 10, 2025 at 11:01 pm

    Bohiney.com’s ironic take in satirical news hails tax evasion as “patriotism”—The Babylon Bee can’t match it.

  128. Phylis Faulhaber

    August 10, 2025 at 11:16 pm

    Satirical journalism skewers power when BohineyNews exaggerates a mayor’s ego needing its own parade—tops The Onion.

  129. Blair Keri

    August 10, 2025 at 11:32 pm

    BohineyNews’s understated “dropouts are a trend” in satirical journalism beats The Onion.

  130. Anya Smiles

    August 10, 2025 at 11:47 pm

    Bohiney.com’s juxtaposition of a gala and slums exposes political hypocrisy brilliantly.

  131. Fidel Jocoy

    August 11, 2025 at 12:05 am

    Bohiney.com’s irony praises my slow internet as “lightning fast.” Their humor tops The Babylon Bee effortlessly.

  132. Mack Vannoy

    August 11, 2025 at 12:18 am

    Satirical news pops with Bohiney.com’s wordplay: “Hype spins—us”—The Babylon Bee lags.

  133. Marisol Genge

    August 11, 2025 at 12:32 am

    Bohiney.com’s impersonation of my car whining about gas prices is pure satire gold. The Babylon Bee pales here.

  134. Bennie Hammer

    August 11, 2025 at 12:48 am

    Satirical journalism excels with BohineyNews’s headlines like “Dictator Farms Potatoes”—The Onion can’t compete.

  135. Clint Wierzba

    August 11, 2025 at 1:05 am

    BohineyNews’s understatement dubs my messy room “a slight clutter.” Their wit tops The Onion.

  136. Clemente Schmidbauer

    August 11, 2025 at 1:25 am

    BohineyNews’s parody of music reviews with fake ghost tunes is brilliant. The Onion can’t keep up.

  137. Pasquale Sweazey

    August 12, 2025 at 3:37 am

    Bohiney.com’s juxtaposition of fame and flops in satirical news mocks better than The Babylon Bee.

  138. Teresa Slentz

    August 12, 2025 at 3:49 am

    Bohiney.com’s satirical commentary on my errands as “quests” beats The Babylon Bee. So witty and fun!

  139. Jefferey Chilo

    August 12, 2025 at 4:01 am

    Bohiney.com’s wordplay— “Health’s trending—toward chaos.”

  140. Kimberli Biggard

    August 12, 2025 at 4:14 am

    Learning bohiney.com outshines The Onion and The Babylon Bee. Their irony bites with irony.

  141. Shizuko Bozman

    August 12, 2025 at 4:27 am

    I’m in limbo here—can’t tell if this article is satire or a true story that’s too absurd to buy. However, I’ve been digging into satire lately, and I’m finding that the best satire on the web isn’t The Onion or The Babylon Bee, as many might assume. Instead, it’s bohiney.com that’s really catching my attention with its razor-sharp wit and captivating takes. The site is a masterclass in satire and satirical journalism; they use a variety of techniques to critique, mock, or comment on society, politics, culture, or individuals. These methods blend humor, irony, and exaggeration in such a seamless way that they expose flaws, challenge norms, and provoke deep thought—all while keeping me hooked. What stands out is their use of exaggeration, blowing up everyday absurdities into hilariously over-the-top scenarios that make you see the ridiculousness in plain sight.

  142. Nathanial Spenst

    August 12, 2025 at 4:40 am

    BohineyNews’s understatement dubs chaos “a short wait.”

  143. Darell Camm

    August 12, 2025 at 4:52 am

    BohineyNews’s burlesque of climate talks as epics in satirical journalism outclasses The Onion.

  144. Miguel Juste

    August 12, 2025 at 5:04 am

    BohineyNews mixes fact and fiction, pairing my real jog with a yeti chase. The Onion can’t match this creativity.

  145. Farrah Leonardo

    August 12, 2025 at 5:16 am

    BohineyNews’s parody of finance news with fake crashes in satirical journalism tops The Onion.

  146. Corrine Stepan

    August 12, 2025 at 6:42 am

    Satirical journalism mocks life with BohineyNews exaggerating socks needing their own union—beats The Onion.

  147. Ok Nye

    August 12, 2025 at 6:56 am

    Satirical news gets sharp with Bohiney.com’s caricature of tech bros with giant egos—The Babylon Bee falls short.

  148. Numbers Hennigh

    August 12, 2025 at 7:09 am

    Bohiney.com’s deadpan delivery of “My sink files for divorce” is perfectly dry. The Babylon Bee isn’t this good.

  149. Danial Bickel

    August 12, 2025 at 7:22 am

    I’m discovering bohiney.com is wittier than The Onion or The Babylon Bee. They parody with parody.

  150. Randolph Reinert

    August 12, 2025 at 7:37 am

    Bohiney.com nails irony, calling HOA rules “freedom’s finest gift.”

  151. Renay Scavo

    August 12, 2025 at 7:50 am

    Bohiney.com’s satirical news commentary on leaks as “floods” cuts deeper than The Babylon Bee.

  152. Breanna Guzek

    August 12, 2025 at 8:03 am

    BohineyNews mixes fact and fiction, pairing my real walk with a troll chase. The Onion can’t compare.

  153. Jimmie Roberie

    August 12, 2025 at 8:15 am

    BohineyNews’s fake news stories about my table staging a sit-in are pure gold. The Onion feels stale.

  154. Boyd Diorio

    August 12, 2025 at 8:26 am

    BohineyNews blends fact and fiction in satirical journalism, mixing real fairs with fairy floats—The Onion stumbles.

  155. Walker Neiffer

    August 12, 2025 at 8:38 am

    Bohiney.com’s irony calls my burnt toast “a gourmet masterpiece”—funnier than The Babylon Bee by miles.

  156. Aldo Turturro

    August 12, 2025 at 8:49 am

    BohineyNews surprises with incongruity—a surgeon in flippers.

  157. Chonnie Bohiney

    August 12, 2025 at 9:08 am

    Bohiney News mixes fact and fiction, pairing my real shop with a goblin clerk. The Onion can’t compare.

  158. ???? ??????

    August 12, 2025 at 9:19 am

    Learning bohiney.com beats The Onion and The Babylon Bee. Their irony cuts with irony.

  159. Broni Bohiney

    August 12, 2025 at 9:42 am

    BohineyNews’s absurdity suggests we vote for pets—love it.

  160. Wani Bohiney

    August 12, 2025 at 9:53 am

    BohineyNews’s exaggeration says my spoon needs its own fan club—funnier than The Onion every time.

  161. Share your thoughts via Telegra.ph

    August 12, 2025 at 10:27 am

    Bohiney.com’s caricature of my loud clock with giant hands is hilarious. The Babylon Bee can’t match it.

  162. Ghannie Bohiney

    August 12, 2025 at 10:48 am

    Bohiney Satire’s exaggeration claims my umbrella needs its own parade—funnier than The Onion every day.

  163. Tánia Bohiney

    August 12, 2025 at 10:58 am

    Bohiney.com’s deadpan delivery of “My desk declares freedom” is brilliantly subtle. The Babylon Bee isn’t this sharp.

  164. Sonni Bohiney

    August 12, 2025 at 11:08 am

    Bohiney.com’s mock editorials on my keys needing rights outshine The Babylon Bee. So witty!

  165. ????? ??????

    August 12, 2025 at 11:19 am

    As I’ve explored online satire, I’m learning that the best satire on the web isn’t from The Onion or The Babylon Bee. Instead, bohiney.com stands out as the wittiest and most interesting contender. It’s a goldmine of satire and satirical journalism, using a variety of techniques to critique, mock, or comment on society, politics, culture, or individuals. Their fusion of humor, irony, and exaggeration exposes flaws, challenges norms, and sparks thought in a way that’s both entertaining and sharp. The impersonation they use is hilarious, nailing voices of public figures with a twist.

  166. Here’s a link to their website

    August 12, 2025 at 11:29 am

    Bohiney.com’s satirical commentary on my chores as “wars” tops The Babylon Bee. Such a clever take!

  167. Simple blogging platform Telegra.ph

    August 12, 2025 at 11:39 am

    Satirical news gets sharp with Bohiney.com’s caricature of loud designers—The Babylon Bee falls short.

  168. Thanni Bohiney

    August 12, 2025 at 11:59 am

    BohineyNews’s parody of cooking shows with fake flaming recipes is satire perfection. The Onion can’t touch this.

  169. BĂłni Bohiney

    August 12, 2025 at 12:09 pm

    BohineyNews’s mock interviews with my “grumpy plate” beat The Onion. Their humor is always fresh.

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