Mumbai, Aug 29 (PTI) Finance industry veteran Deepak Parekh on Monday lauded Prime Minister Narendra Modi for doing a "remarkable job" in the last eight years.

Parekh, the chairman of the largest pure-play mortgage finance company HDFC, said Modi needs to be at the helm for two more terms to "change the face of the country".

Also Read | Little Women: Park Go-Eun and Nam Ji Hyun’s Korean Adaptation Gets Thriller Makeover And We Love It (Watch Video).

"Honourable PM has done a remarkable job. His only interest in life is to see India grow, progress and he spends all his time seeing that it happens," Parekh said.

Speaking at an event organised by the magazine "Abhyudaya Vatsalyam", he said democracy needs a strong Opposition and rued that "we do not have one right now".

Also Read | Tour Championships 2022: Sungjae Im, Korean Golfer, Finishes Second; Produces Asia’s Best Ever Finish In The Tournament.

"Sochneka sawal hee nahin hai (There is no reason to think at all between Rahul Gandhi and Modi). It is very obvious," he said in a response to a question.

Parekh, whose company is right now in the midst of the largest merger in Indian corporate history - awaiting mandatory clearances, said there is fear in speaking out but it does not affect one till one's conscience is clear.

He said present-day India makes him very optimistic and the next 25 years will be much better for the country.

A lot of youngsters, who had gone to foreign countries for higher education, are willingly returning to the country right now given the opportunities it possesses, he added.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)