competitive forces in the industry pinning greater responsibility on Boards of individual companies and SRO. The sector is well placed to take advantage of these regulations in reaching out to the vast underserved and unserved market. Key principles of the fact sheet and limit on maximum possible indebtedness introduced under the new regulatory framework will foster transparency and enable the clients to make informed decisions related to credit. As the regulations are now “legal form” agnostic, it will lead to the sustainable and responsible growth of microfinance. The Next Gen Microfinance Summit will facilitate the discussion of various trends and scenarios in the microfinance industry with special reference to West Bengal and the Northeast region; addressing the challenges and possible solutions to overcome them. The industry has witnessed a robust rebound post-COVID in 2022-23 with a growth of 79.7% in loan disbursement during the first quarter of FY 23 on a year-on-year basis. This growth is likely to continue because of the conducive policy, pent-up demand and branch network expansion. The Summit aims to bring together the national and global community of stakeholders, particularly lenders and Investors, to discuss current and future aspects of financial inclusion, and how the digital aspect can be integrated in a client-friendly manner.