UNCDF SHIFT commissioned MSC to conduct a study on the status of digitization in the microfinance sector in Bangladesh. Along with the interventions that MFIs will undertake, the sector also needs policy-level changes that enable the digitization of microfinance institutions. This policy brief presents the challenges that the microfinance sector in Bangladesh faces and interventions that would create an enabling environment for digital transformation.
Aligning regulations to enhance digital financial inclusion in Indonesia
In Indonesia, the regulatory supervision of banking and financial services is under two regulatory bodies, Bank Indonesia (BI) and the more recently established, Financial Service Authority (Otoritas Jasa Keuangan or OJK). This study looks at synergies in regulations for e-money (LKD) and branchless banking (Laku Pandai) to unleash the full potential of digital financial services in Indonesia.
Pradhan Mantri Ujjwala Yojana: A demand-side diagnostic
The objective of the study was to examine the efficiency, efficacy, and operational aspects of the scheme and understand the triggers and barriers that drive the behaviour around usage and refills of LPG by the PMUY beneficiaries