Nasser Munjee
Biography
Mr. Nasser Munjee was educated at the Leys School in Cambridge UK and then went on to do his Bachelor and Masters Degrees at the London School of Economics, UK. He spent a short while at the University of Chicago USA, before returning to India in 1977. He joined the Chairman of one of India’s leading development banks – ICICI, Mr. H. T. Parekh, to establish the first housing finance company in India – the first retail institution serving customers directly for their housing needs - HDFC. Against many odds the HDFC group, as it is known today, grew to be a financial conglomerate with assets over $50billion in banking, insurance, mutual funds as well as its prime business – housing finance.
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Development Credit Bank Limited
DCB Bank Ltd. is a new generation private sector bank with 336 branches across India as of March, 2020. It is a scheduled commercial bank regulated by the Reserve Bank of India. It is professionally managed and governed in India since the 1930’s.