Digitising information will reduce operational costs: Manish Khera (CEO, FINO)

In an exclusive chat with Microfinance Focus, Mr Manish Khera stressed on the importance of leveraging technology to avoid revenue and knowledge leaks. “Institutions don’t even need to go to the extent of biometrics. All that is required is just simple technology that will allow easy record-keeping and quick analysis,” he explained.

With MFIs rising in efficiencies, they become ideal channels for several schemes that the Government currently drives. As he simply put it – “The Government can play an effective role as an architect in laying the framework for these schemes. Leave the delivery to MFIs.”