India, Feb. 6 -- India PR Distribution

Mumbai (Maharashtra) [India], February 6: The Secret Sauce, the long-form podcast hosted by Mukul Deora, Oscar-nominated filmmaker and entrepreneur, has released a new episode featuring Deepak Parekh, former Chairman of HDFC.

The episode opens with a simple truth about India's past. For decades, salaried Indians bought homes only after retirement, using lifetime savings. Long-term home loans were not part of the country's financial vocabulary. Housing finance, as an institution, did not exist in any meaningful way. That is the world Mr Parekh walked into when he joined HDFC in 1977: "The method of buying a house was you work all your life, you retire, you buy a house.... Now our average age is Mid-...