Mumbai: HDFC Bank Chairman Deepak Parekh on Monday stated that India's future growth will depend on the quality of governance in public and private sector institutions, stressing that good governance, ensuring transparency, and adhering to the spirit of the law are non-negotiable principles.
Addressing the 118th Annual General Meeting of the city-based IMC Chamber of Commerce and Industry here, Parekh also said the reforms that the country is seeing today will lay the foundation for India's future growth and stressed the need for further consolidation in the banking sector.
