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Deepak Parekh: Latest News

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20.07.2021 / 03:41

Deepak Parekh urges IRDAI to allow insurers to sell pension, health policies

HDFC Life Chairman Deepak Parekh on Monday strongly batted for insurance companies to be allowed to sell pension and health covers. While speaking at the Annual General Meting (AGM) of HDFC Life held in Mumbai, Deepak Parekh said that if Insurance Regulatory and Development Authority of India (IRDAI) allows insurers to sell pension and health policies, it would deepen risk coverage in the country.

Deepak Parekh India city Mumbai pandemic Health Waves

HDFC Ergo Health, HDFC Ergo General merger: How will it impact customers?

completion of the merger of HDFC Ergo Health Insurance with itself after the receipt of final approval from the Insurance Regulatory and Development Authority of India (Irdai) last week.The merger makes HDFC Ergo the second-largest private insurer in the accident and health insurance business. In FY2019-20, the merged entity had an overall market share of 6.2% and about 8% market share in the accident and health insurance segment.Speaking on the amalgamation process, Deepak Parekh, chairman, HDFC Ergo General Insurance Company said, “It makes HDFC Ergo the one-stop-shop for all our general and health insurance offerings.

Deepak Parekh India hospital experts

Bharat to help nurture India back to economic health earlier than expected: Deepak Parekh

MUMBAI : Mortgage lender HDFC Chairman Deepak Parekh on Thursday sounded confident of the pandemic-ravaged economy coming out soon, as he expects Bharat to help nurture India back to economic health earlier than the consensus forecast.Base-case forecasts by many pencil in a GDP contraction of 5% if the lockdown is lifted by July and normalcy trundles back from September, and over 7.5% in the worst case as each month of the lockdown shaves off 100 bps of the GDP."Signs of the wheels of the economy beginning to churn are evident from the following facts: unemployment rates have tapered down from their peaks in May, e-toll collections are higher, as are e-way bills, digital transactions and GST collections which are back to the ₹90,000 crore

Deepak Parekh India city Mumbai economy Government bill

Deepak Parekh pushes for one-time restructuring of real estate accounts

HDFC Chairman Deepak Parekh today pushed for a one-time restructuring of stressed real estate accounts and relaxation in classification of NPA norms to 180 days from 90 days to help the sector which has been severely affected due to COVID-19 related disruptions.

Deepak Parekh covid-19 recommendations Government

Liquidity will be key, valuations will change post covid-19: Deepak Parekh

BENGALURU: Liquidity will be key for companies to survive post the covid-19 crisis and their valuations will undergo a drastic change, HDFC Ltd chairman Deepak Parekh said on Tuesday. Parekh also said startups will need to stop burning cash as India witnesses an unforeseen situation.

Deepak Parekh India covid-19 information economy crisis

COVID-19

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
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