Moneycontrol PRO
HomeNewsBusinessAditya Puri says Deepak Parekh gave him a free hand to build HDFC Bank

Aditya Puri says Deepak Parekh gave him a free hand to build HDFC Bank

Aditya Puri said HDFC Bank built its brand on brand on trust, safety and transparency along with cutting edge technology.

October 21, 2020 / 16:14 IST
Aditya Puri, Managing Director, HDFC Bank
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Outgoing HDFC Bank Managing Director Aditya Puri said HDFC Chairman Deepak Parekh gave him a free hand to build the lender.

    Speaking to CNBC-TV18, Puri said the bank inherited the best brand in financial services under HDFC.

    "Told Deepak I want a free hand, I want to build an institution, so I will only come if I have a free hand in running it because then you have fun; if you believe in the vision, you go on with the vision then it's great," Puri said.

    Also Read: Aditya Puri hangs up boots with a good quarter, but asset quality remains a concern amid COVID-19 pandemic

    "To his credit he (Deepak Parekh) said yes and I must say if I asked for his help or used him as a sounding board, he came on board but other than that he never once interfered," he added.

    Puri said HDFC Bank built its brand on brand on trust, safety and transparency along with cutting edge technology.

    Sashidhar Jagdishan will take over as CEO and Managing Director of HDFC Bank on October 27.

    "26 years has been a long enough career and I have got a very worthy successor," Puri told CNBC-TV18.

    Puri also spoke about his experience of leading leading the bank. "I have been the public face, but all decisions are taken collectively," he said.

    Moneycontrol News
    first published: Oct 21, 2020 11:08 am

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347