People by WTF

Ajay Banga x Nikhil Kamath | Ep. Trailer | People by WTF

Apr 18, 2026
Ajay Banga, business leader and current World Bank President who scaled Mastercard into a global payments giant. He talks about luck and opportunity, why Indians excel abroad through adaptability, the looming youth-job mismatch for 1.2 billion new adults, and surprising low tourist numbers in India. Short, sharp conversations with wide-ranging implications.
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ADVICE

Always Have Plan B And Plan C

  • Prepare multiple fallback plans to navigate career uncertainty.
  • Nikhil Kamath mentions learning plan B and plan C and Ajay Banga praises 'jugaad' as a useful career asset.
INSIGHT

Geopolitics Can Worsen Inequality

  • Global tensions raise questions about trade, currencies, and interest rates, which drive widening income inequality.
  • Nikhil lists macro risks and implications, framing income inequality as a continuing outcome of these forces.
ANECDOTE

Candid Response On Having Children

  • Ajay Banga reacts to a provocative question about population with a quick, candid reply.
  • When asked if the world would be better if more people didn't have kids, Ajay responds "Oh, no, that'd be really bad."
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