• Bhawna Hinger

The motivation behind this paper is to look at the job of the financial institution and to contemplate the distinctive microfinance models which are enabling provincial money advancement in India. In this paper, an endeavor is made to discover how financial institutions are enabling the country individuals and study the distinctive microfinance models just as various customers of the microfinance. India which is the one of the biggest microfinance community on the planet these days. In India over 25% of its populace lives beneath the destitution line. For this destitution easing the Govt. of India began different developers from consistently however bombed in accomplishing this objective. The purposes for the disappointment are, for example, the Govt. of India neglect to arrive at the objective populace, the proviso in the framework, defilement, and so on the various nations of the world accompany various thoughts and plans and these plans expanded the NPAs. Then the microfinance institution approach to satisfy these holes yet the effort is little when contrasted with the prerequisite and potential however some advancement had been found in such manner when NABARD and SHGs assumed a functioning part in this. After that quantities of various microfinance institutions and various NGOs likewise made a plunge into this business. Govt. should control the microfinance institution for preparing reserve funds, with increment interest for the provincial money. How truly remembering the new encounters, and for the better development we need to deal with this microfinance institution in a superior manner and give them satisfactory account which full fill the requirements of poor and furthermore give them a social obligation which is generally significant for the development of this microfinance institution and for mitigating neediness from the country. There is no uncertainty that NGOs assumed a significant part in advancing SHGs so there ought to need to begin some impetus bundles for these NGOs which rouses them to broaden themselves and their business to in reverse territories moreover.

Financial Institution, Microfinance, NABARD, NGOs, NPAs

"AN OVERVIEW OF THE MICROFINANCE MODEL AND ROLE OF FINANCIAL INSTITUTIONS", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 5, page no.2755-2761, May-2019, Available :http://www.jetir.org/papers/JETIR1905U78.pdf

"AN OVERVIEW OF THE MICROFINANCE MODEL AND ROLE OF FINANCIAL INSTITUTIONS", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 5, page no. pp2755-2761, May-2019, Available at : http://www.jetir.org/papers/JETIR1905U78.pdf