Because HDFC Group is one of the most profitable financial powerhouses in India, having grown 30 per cent last year, with non-performing assets at half the industry level, and despite rising interest rates.

Because even before the group’s life insurance division taps the capital market next year, analysts have given it a valuation of Rs 24,000 crore.Because he was top of the government’s wish list when it came to heading the high-level taskforce on affordable housing for all. Because his opinion carries weight in the government’s Investment Commission.