Even today we enjoy the benefits of using geographical data, such as “Google Maps.” However, what is different from the past is that we are no longer users of data only. Our access logs to these services themselves constitute a new set of big data, and potentially have their own value to be utilized.
We shall also continue to work closely with Government Ministries and agencies to ensure that operations of other microfinance institutions are properly conducted. The proposals for streamlining policy on regulation and supervision of the different forms of microfinance institutions have already been undertaken by Government.