The author criticizes the RBI's proposed ban on flexi loans by non-bank financiers, arguing it neglects the financial needs of India's vast self-employed population. While acknowledging revolving credit risks, the article contends that properly structured flexi loans from established non-banks fulfill a vital need without systemic risk. An outright ban would hinder financial inclusion and competition. Instead, the author advocates using a regulatory sandbox to assess these loans, urging increased competition and innovation. Basic financial services must extend beyond the salaried class to empower all segments of the economy.