In this episode of Policy Talks, Swati Chowdhary, Director, Network Development and Banking, South Asia, Women’s World Banking, speaks with Dr Aarushi Jain, Policy Director, Bharti Institute of Public Policy, Indian School of Business. She traces the evolution of the microfinance sector in the last two decades, from traditional banking to digital systems like JAM Trinity and UPI (Unified Payments Interface). Swati Chowdhary reflects on the critical need of involving multiple stakeholders to address gender disparities in financial services. She also highlights the success of initiatives like Jan Dhan in boosting financial inclusion for women and stresses the need for targeted efforts to improve digital literacy and break gender barriers.