BANKING

Parekh may not have owned any big stake in his company, but the company had started to own him as its founding father. The filial relations as a metaphor have been on Parekh's mind. ​​Last year, while announcing the plan to merge HDFC with its bank, Parekh had said, "As the son grows older, he acquires the father's business." He is leaving when the son, HDFC Bank, has grown up enough to take care of the father, HDFC.

from Banking/Finance-Industry-Economic Times https://ift.tt/BtLsmCc
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