{"id":261469,"date":"2025-11-04T17:05:11","date_gmt":"2025-11-04T17:05:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/261469\/"},"modified":"2025-11-04T17:05:11","modified_gmt":"2025-11-04T17:05:11","slug":"india-isnt-poor-its-rich-in-potential-ambition-and-trust","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/261469\/","title":{"rendered":"India Isn\u2019t Poor \u2014 It\u2019s Rich in Potential, Ambition, and Trust"},"content":{"rendered":"<p>Recently, I came across the discussion between Nithin and Nikhil Kamath of Zerodha on India\u2019s lending ecosystem. While I deeply admire their success and the clarity of their insights, I firmly disagree with the notion that \u201cIndia is a poor country\u201d or that unsecured lending isn\u2019t in our DNA.<\/p>\n<p>If our nation were truly poor, how did millions of first-generation entrepreneurs, shopkeepers, students, and gig workers build livelihoods and enterprises from scratch often with nothing but courage, conviction, and a dream?<\/p>\n<p>Unsecured lending is not charity. It is confidence in India\u2019s middle class, belief in its entrepreneurial spirit, and faith in the self-made generation that drives our economy forward every single day.<\/p>\n<p>At My Mudra, we\u2019ve witnessed this transformation firsthand thousands of small-ticket borrowers turning aspiration into achievement, becoming consistent payers, and building creditworthiness through integrity and effort.<\/p>\n<p>As <a href=\"https:\/\/www.linkedin.com\/in\/vaibhav-kulshrestha01\" rel=\"nofollow sponsored noopener\" target=\"_blank\">MD and Chairperson of My Mudra<\/a>, I firmly believe that India\u2019s unsecured business lending has tremendous potential, especially in a nation with such a vast, young, and ambitious population. This segment is not a risk; it\u2019s an opportunity one that can redefine financial inclusion and grassroots entrepreneurship at scale.<\/p>\n<p>Moreover, with the RBI\u2019s progressive regulatory framework, India today boasts one of the most robust, transparent, and tech-driven credit ecosystems in the world. Technology, data, and AI have empowered us to assess intent as accurately as income reshaping how we understand creditworthiness itself.<\/p>\n<p>The future of lending doesn\u2019t lie in fear it lies in innovation, empathy, and inclusion.<\/p>\n<p>So yes, India doesn\u2019t need less lending.\u2028India needs smarter, more inclusive, and deeply empathetic lending.\u2028Because when you trust India ,India pays back with growth.<\/p>\n<p>Disclaimer: This is a sponsored article. ABP Network Pvt. Ltd. and\/or ABP Live does not in any manner whatsoever endorse\/subscribe to the contents of this article and\/or views expressed herein. Reader discretion is advised.<\/p>\n","protected":false},"excerpt":{"rendered":"Recently, I came across the discussion between Nithin and Nikhil Kamath of Zerodha on India\u2019s lending ecosystem. While&hellip;\n","protected":false},"author":2,"featured_media":261470,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[45,49,48,137,81964,121163,121165,82936,121164],"class_list":["post-261469","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entrepreneurship","tag-business","tag-ca","tag-canada","tag-entrepreneurship","tag-financial-inclusion","tag-india-economy","tag-my-mudra","tag-small-business-loans","tag-unsecured-lending"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/261469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=261469"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/261469\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/261470"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=261469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=261469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=261469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}