Role of NDCC bank inmicrofinance development through self-help groups-A credit provision approach

The present research paper looks at the execution of Cooperative bank in financing Self-help groups (SHGs). The Cooperative banks have been playing an intense role for the improvement of poor, to raise their living standard other than to improve their financial conditions to achieve corrected financial advancement by its micro finance services. Micro finance play a vital role to conquer any hindrance between demand and supply of financial services among the poor.

The paper analyses the role of Co-operative Bank in Microfinance Development through SHGs using the case of NDCC Bank, and suggests microfinance as a tool for successful financial inclusion in the state. Micro finance is a powerful instrument for enhancing production and productivity and also for alleviating poverty. The study assesses the role of cooperative bank in Nashik District. It analyzed the role of microfinance provided by Nashik District Central Cooperative (NDCC) Bank as far as how well it accomplished its own objectives to reach the poorest populations, to guarantee a positive measurable impact on the lives of clients and their families, and to reach and empower women. It was found that NDCC bank is performing vital role in SHG development as the number of SHGs has increased over the year. Promotion of deprived section of society by promoting BPL SHGs is more as compared to APL group but the disbursement of loan was decreased over the previous year.