Journey towards strong governance a work in progress: Deepak Parekh

The ultimate objective is that corporate governance systems must become simpler; not more complicated, Parekh said

India’s journey towards strong governance is still a work in progress and it is imperative that governance reforms are brought in at the state level and at the same time the focus should be on improving the ease of doing business, having a stable regulatory and tax regime, which can offer confidence to long-term investors and those with capex plans so that the country can progress to a different level, said Deepak Parekh, chairman, HDFC Ltd on Thursday.

Speaking at an event titled “Gatekeepers of Governance”, organised by Excellence Enablers, Parekh said, “For certain, there can be nothing more beneficial