Former HDFC Chairman Deepak Parekh`s 1978 Job Offer Letter Goes Viral; Do You Know What Was His Salary 45 Years Ago?

According to the offer letter, Parekh was offered a basic salary of Rs 3,500 plus Rs 500 as a fixed Dearness Allowance in 1978. Besides his salary, Deepak Parekh was also entitled to a 15 per cent Housing Rent Allowance and a 10 per cent City Compensatory Allowance.