Abstract: This paper aims to further the knowledge on how digitalization contributes in development of micro finance sector through MFIs (Microfinance Institution) and banking correspondents (BC) by analysing their potentials and limitations. Concepts of microfinance and BC are presented, as well as the technology in use has been explained, various suggestions have also been included so that this paper can also serve as a tool in helping MFIs to overcome the digitalization barrier.
Keywords: micro finance sector, digitalization, banking correspondents (BC).
Title: DIGITALIZATION IN MICRO FINANCE SECTOR
Author: DR. AMBIKA BHATIA, AYENA GILL
International Journal of Interdisciplinary Research and Innovations
ISSN 2348-1218 (print), ISSN 2348-1226 (online)
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