ABSTRACT

Rashtriya Gramin Vikash Nidhi (North East) Microfinance Ltd is an organisation providing microfinance to the poor in this region. The broad objective of the paper is to study the financial performance of the concern for the period of six years. The study is based on secondary sources of data. The secondary data has been collected from annual report of RGVN (NE) MFL. The sample size of the study is six years. The period of six years from 2010-11 to 2015-16 is known as reference period of the study. The study makes use of statistical tools such as annual growth rate (AGR) and compound annual growth rate (CAGR), Mann-Whitney-Wilcoxon Test and Kruskal-Wallis Test. The CAGR of income from operation of the concern during the study period is more as compared to other income.  The hypothesis test proves that there is no significant difference between growth rate between income from operation and other income of RGVN (NE). The compound growth rate of financial expenses is higher than other expenses. The hypothesis test examines that there is no significant difference in growth rate of classification of total expenditure of RGVN (NE). The compound growth of non-current assets is less than current assets. The hypothesis test examines that there is no significant difference between growth rate between non-current assets and current assets of RGVN (NE). The CAGR of current liabilities is higher than non-current liabilities. The hypothesis test proves that there is no significant difference between growth rate of non-current liabilities and current liabilities of concern.

Keywords: Income from operation, other income, Current Asset, Current Liabilities, Total Expenditure, Mann-Whitney-Wilcoxon Test, Kruskal-Wallis Test.