The Hindu Business Line : Bimal Jalan joins HDFC board

New Delhi, May 1 F ormer Reserve Bank of India Governor Dr Bimal Jalan has been appointed as an Additional Director on the board of Housing Development Finance Corporation (HDFC). Dr Jalan is succeeding in the footsteps of former RBI Governors Mr I.G. Patel, Mr M. Narasimham and Mr S. Venkitaramanan, who had all been appointed to the board of HDFC. “I have great regard for Mr H.T. Parekh, founder of HDFC, and also Mr Deepak Parekh, who is the current Chairman. HDFC has been a premier housing finance institution. I am glad to be part of it. Now I can look at it from inside,” Dr Jalan told Business Line . — Our Bureau

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