Founder Profile
Hasmukhbhai Parekh
Last reviewed: October 2026 · By Swet Parvadiya
Who is Hasmukhbhai Parekh?
Hasmukhbhai Parekh is a founder of HDFC Bank Limited, which was founded in 1994.
- Company founded
- HDFC Bank Limited
- Founded
- 1994
Background
Parekh studied at the London School of Economics and spent years at ICICI, rising to chairman, before launching HDFC.
Founding Story
Hasmukhbhai Thakordas (H.T.) Parekh founded Housing Development Finance Corporation (HDFC) in 1977, at age 66, after a long career at ICICI. HDFC became India's leading mortgage lender and in 1994 promoted HDFC Bank, which later absorbed HDFC Ltd in the 2023 merger.
Sources
This profile does not yet cite a source specific to Hasmukhbhai Parekh. The sources below document the company company rather than the person, so check them against the claims above.
- HDFC Bank Integrated Annual Report FY2025-26 (HDFC Bank Limited)
- HDFC Bank FY2025-26 Financial Results (HDFC Bank Limited)