Corporate Social Responsibility

HDFC recognises that India’s social problems are complex and these issues require multifaceted approaches to address them. Hence, HDFC strives to work across a range of social interventions and development initiatives to facilitate deep and long term impact for a developed and inclusive society. This year, HDFC continued its association and involvement with the social sector through direct partnerships with non-government organisations (NGOs) as well as its partnership with the H T Parekh Foundation (the Foundation).

HDFC’s social initiatives cover areas such as child welfare, community development & livelihood programmes, support to the differently abled, education, healthcare & sanitation, vocational training and other such initiatives serving the betterment of society as a whole.

To view some of the highlights of HDFC’s support to various NGOs and the Foundation, across social & developmental sectors during the year, please check below links.

CSR POLICY

CSR COMMITTEE

Name of Director Category*
Mr. Deepak S. Parekh
Mr. Deepak S. Parekh

Mr. Deepak S. Parekh,

Chairman of the Corporation is a Fellow of the Institute of Chartered Accountants (England & Wales). Mr. Parekh joined the Corporation in a senior management position in 1978. He was inducted as a whole-time director of the Corporation in 1985 as the Managing Director (designated as 'Chairman') of the Corporation in 1993 and continued to be appointed as such from time to time. He retired as the Managing Director (designated as 'Chairman') of the Corporation with effect from the close of business hours on December 31, 2009. Mr. Parekh has been appointed as an Additional Director of the Corporation with effect from January 1, 2010. The shareholders of the Corporation at the 33rd Annual General Meeting held on Wednesday, July 14, 2010, appointed Mr. Deepak S. Parekh as a Director liable to retire by rotation. Mr. Parekh continues to be the Chairman of the Corporation.

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Chairman
Mr. D. N. Ghosh
Mr. D. N. Ghosh

Mr. D. N. Ghosh

holds a Master’s degree in economics. He was the former chairman of the State Bank of India. He is currently the chairman of ICRA Limited and a director on the boards of several prominent companies in India. He has been a director of the Corporation since 1989. He is also a member of the Audit Committee of Directors.

Independent
Mr.V.Srinivasa Rangan
Mr.V.Srinivasa  Rangan

Mr.V.Srinivasa Rangan

Executive Director, holds a Bachelor's degree in Commerce and is an associate member of the Institute of Chartered Accountants of India and Institute of Cost and Works Accountants of India. Mr. Rangan joined the Corporation in 1986 and has served in Delhi and was the Senior General Manager - Corporate Planning & Finance at Head Office since 2000. Mr. Rangan has been appointed as the Executive Director of the Corporation for a period of 5 years with effect from January 1, 2010. He is also a member of the Investors’ Grievance Committee of Directors with effect from May 4, 2010. He is responsible for the Treasury, Resources and Accounts functions of the Corporation.

Executive Director
Ms. Renu Sud Karnad
Ms. Renu Sud Karnad

Ms. Renu Sud Karnad

Managing Director of the Corporation, is a graduate in law from the University of Mumbai and holds a Master's degree in economics from the University of Delhi. She is a Parvin Fellow - Woodrow Wilson School of International Affairs, Princeton University, U.S.A. She has been employed with the Corporation since 1978 and was appointed as the Executive Director of the Corporation in 2000 and was re-designated as the Joint Managing Director of the Corporation in October 2007. She has been appointed as the Managing Director of the Corporation for a period of 5 years with effect from January 1, 2010. She is responsible for the Operations, Human Resources and Communications functions of the Corporation.

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Managing Director
Mr. Keki. M. Mistry
Mr. Keki. M. Mistry

Mr. Keki. M. Mistry

Vice Chairman & Chief Executive Officer of the Corporation, is a Fellow of the Institute of Chartered Accountants of India. He has been employed with the Corporation since 1981 and was appointed as the executive director of the Corporation in 1993. He was appointed as the Deputy Managing Director in 1999, as the Managing Director in 2000, and re-designated as the Vice Chairman & Managing Director of the Corporation in October 2007. He has been re-designated as the Vice-Chairman & Chief Executive Officer of the Corporation with effect from January 1, 2010. He is responsible for the overall functioning of the Corporation.

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Vice Chairman & Chief Executive Officer

CSR Reports