How HDFC May Have Spared Itself Further Blushes
A customer is silhouetted as they walk past logos of the Housing Development Finance Corp. displayed inside the bank’s branch in Mumbai, India. (Photographer: Vivek Prakash/Bloomberg)

How HDFC May Have Spared Itself Further Blushes

Deepak Parekh, chairman of housing finance company HDFC Ltd., retained his seat on the company’s board by the skin of his teeth.In the annual general meeting of HDFC's shareholders, held on July 30...
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