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Interesting facts

  • Deepak Parekh is the Chairman of Housing Development Finance Corporation, India's leading housing finance company. A pioneer in mortgage finance, he has enabled scores of Indian middle class people to own their houses or apartments through affordable loans. He is based in Mumbai.
    A Chartered Accountant, Deepak Parekh began his career with Ernst...
  • Both deregulation, and excess regulation, of financial institutions have been blamed for the late-2000s (decade) subprime mortgage crisis in the United States.
    Conservatives have claimed that the financial crisis was caused by too much regulation aimed at increasing home ownership rates for lower income people. They have pointed to two policies...