HDFC Chairman Deepak Parekh pens letter to shareholders says, "We were often asked why we were not growing as aggressively as others?"
Reflecting back, in the first half of the financial year, we were often asked why we were not growing as aggressively as others in certain segments of the commercial real estate market, says HDFC Chairman.
Deepak Parekh, in the letter which is a part of the annual report, said that in the current environment, the company had to work "extremely hard to preserve asset quality. Photo: Reuters