‘An Analytical Study of Financial Performance of Ngo And NBFC Microfinance Institutions with Special Reference to Microfinance Information Exchange (MIX)’

Micro finance is catering banking services to low income group of society who lack access to conventional financial services. Microfinance Institutions are viewed primarily as instruments of social renovation, their performance is often calculated by non-financial factors. The idea of social performance has seemed to overtake the status of financial health of these MFI's. A MFI is measured for financial sustainability based on its superior financial performance. In the Early stage the MFI were non-profit organizations subsequently several non-governmental organizations (NGOs), societies and non-banking financial companies (NBFCs) have entered the microfinance sector The main objective of this paper is to study the overall financial performance of Selected Microfinance Institutions in the form of Non Banking financial institutions & compare it with overall financial performance of Selected Microfinance Institutions in the form of NGO's. The information gathered for the study incorporates secondary data. The different sources used to gather secondary data incorporate Research articles, papers, journals and different sites. The secondary data gathered is analyzed utilizing different statistical tools and techniques.