New Delhi, Aug. 12 -- A US-based entrepreneur has sparked discussion on India's banking and credit ecosystem after describing it as a "credit-starved country" in a social media post that has gained significant traction online.

He compared the banking systems of India and the United States, saying that American banks are more willing to take calculated risks.

In a X (formerly Twitter) post, Shreyans Jain, co-founder of Y Combinator-backed Manicule, claimed that it's easier for lenders to receive a large loan through a US bank or credit union as they only require you to furnish a decent credit score and a short credit history. However, the situation at India is different, he said.

"If you walk into a US bank or credit union, all you need...