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Between 2012 and 2021, out of approximately 300,000 agents, who appeared for the IIBF BC/BF exam, only 62% passed the exam. This blog details out the challenges faced by BC agents in passing the IIBF BC/BF exam. It also offers suggestions to policymakers on graded certifications based on the type of services offered by BCs.

Our report delves deep into the innovative strategies that FinTechs used to overcome the pandemic, measures taken by the government and regulators to enable ecosystem players, and support lent from investors and accelerators. We also highlight the change in behavior and adoption of digitized products by Indian customers at large.

The COVID-19 pandemic had a pronounced effect on FinTechs in Bangladesh. MSC sought to evaluate the extent of this impact, given our partnering role in the DFS and FinTech ecosystem in the country. MSC conducted this landscape study on FinTechs with support from Visa in 2021. This report defines the impact of COVID-19 on FinTechs and identifies the possible way forward.

The government has been considering a policy shift to transfer the fertilizer subsidy amount to the bank accounts of farmers rather than fertilizer companies. In our pan-India study with farmers we found that only one-third of the farmers knew that they purchase fertilizers at a subsidized rate. With such low awareness levels, this policy shift may evoke shock and displeasure since this would require farmers to first purchase fertilizers at the market price.

Outcomes-based financing instruments like impact bonds can help India bridge some of the gaps in Sustainable Development Goals (SDG) financing.

Impact bonds are a promising new tool that can help India’s central, state, and local governments take up innovative and scalable catalytic projects.