PSYCHOLOGICAL IMPACTS OF COVID-19 PANDEMIC ON THE STUDENTS OF HIGHER EDUCATION INSTITUTIONS IN INDIA

Digital technologies are rapidly increasing in all walks of life. Micro Finance institutions are no exception. Micro finance institutions basically depend upon human centric models. For financial dealings they had to start to operate digitally for competing with other banks. Innovation and integration of digital technologies are given importance because of continuous Innovation and enhancing the efficiency. It is considered that it also helps in financial inclusion in India. Recent technological and lending model innovations, and currency demonetization in November 2016, have been the main cause MFIs adopting digital solutions to cut costs, improve the organization's profits and lower costs for the end-user. To compete with the global trends traditional financial services have taken shape into digital financial services through different channels like internet, mobile banking, Automated teller machines, point of sale terminals etc., The present study is how digitalization has made easy for Microfinance institutions in providing financial services to the poor. The research is based on secondary data from international articles, Annual reports of NABARD and RBI. The Analysis is made through tables, percentages bar charts and descriptive statistics method