ANALYSIS OF MICRO FINANCING IN INDIA

Finance is the life blood of the economy. The free flow of finance across the various sectors of the economy, results into significant growth of the economy. In this context this paper aims to study numbers of micro financing programs and amount involved in program. The study also observe to verify the association between number of programs and amount of distribution, number of program loan outstanding with banks, number of programs and savings with the banks. This paper attempts to analyse micro financing in India, over a period of 2017-2018 to 2022-2023.The results may help the financial inclusion drive in India, and also extend further initiatives for the development of rural India. KEY TERMS : (Micro finance, Self help group)