Abstract
Since the nationalization of Banks in India there was an endless effort from the Government of India (GOI) to boost the rural economy and to address the financial issues of the mass. After the nationalization of banks the financial sector and banking sector reforms took place to address the issue of poverty of mass population in rural and urban India. Various employment generations and hence various financial schemes were launched by Government of India (GOI) through banks. Some of these schemes are SHG, REGP, PMEGP, NRLM, SGSY, SJSRY, TRANSPORT OPERATOR SCHEME, SWAVALAMBAN, etc. In the state of Tripura, Tripura Gramin Bank (TGB) is playing a significant role in boosting the rural economy through their financial services in rural and urban Tripura. It was observed that the success of all these financial schemes is not same. The main objective of this paper is to study and compare the success of the individual and group finance schemes. In this study Man Whitney ??U test is used to test the significance of the hypothesis. Secondary data were used for which source is SLBC of Tripura. The study has found that, the group finance scheme serviced by TGB is more successful than the Individual finance scheme.
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