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NIDHI, which stands for "Nidhi Company," is not directly under the Reserve Bank of India (RBI). Instead, it is regulated by the Ministry of Corporate Affairs under the Companies Act, 2013. Nidhi Companies are primarily formed for the mutual benefit of their members, focusing on savings and loans among themselves. However, they must adhere to certain guidelines set by the RBI concerning their financial operations and practices.
What else can I help you with?
What is difference nidhi company and chitti?
I know Nidhi company ,its under ROC, recognize by RBI with special notification .......... normally ROC of any state give permission to work on same ........... I don't know that what is chitti , If i am not wrong ,you are asking for Chit funds company..................... then reply me .........
What is a Nidhi company?
Nidhi company is a company registered under Companies Act and notified as a nidhi company by Central Government under Section 620-A of Companies Act. It is a non-banking finance company doing the business of lending and borrowing with its members or shareholders.
Is a vigilinternational company under nbfc?
what rbi registesion no
Who is the head of RBI of India at present?
As of October 2023, the head of the Reserve Bank of India (RBI) is Shaktikanta Das. He has been serving as the Governor of the RBI since December 12, 2018. Under his leadership, the RBI has focused on various monetary policies and regulatory measures to stabilize the Indian economy.
Can you give RBI cot code?
No I would not be able to tell you that code. Under any circumstances.
What is difference nidhi company and chitti?
I know Nidhi company ,its under ROC, recognize by RBI with special notification .......... normally ROC of any state give permission to work on same ........... I don't know that what is chitti , If i am not wrong ,you are asking for Chit funds company..................... then reply me .........
What is a Nidhi company?
Nidhi company is a company registered under Companies Act and notified as a nidhi company by Central Government under Section 620-A of Companies Act. It is a non-banking finance company doing the business of lending and borrowing with its members or shareholders.
How do you registerd a nidhi company under section 620-A of companies act?
In order to register as a nidhi company in India under section 620-A of companies act, you will have to apply at the Ministry of Corporate Affairs headquarters.
Are the services of rbi taxable under service tax?
mo services provided by rbi are covered under negative list entries
Nidhi Rao?
Nidhi Rao
When was Bimalendra Nidhi born?
Nidhi Buley was born in 1986.
What kolkata wire industries limited are under SEBI and RBI?
Weird Industries Ltd are registered of RBI OR not ?
What is the meaning of name nidhi?
nidhi means money
Who is nidhi?
Nidhi is a name. It means " treasure" in Hindi. It is NOT a person.
How tall is Nidhi Bagri?
Nidhi Bagri is 5' 6".
When was Nidhi Razdan born?
Nidhi Razdan was born in 1978.
When was Nidhi Eoseewong born?
Nidhi Eoseewong was born in 1940.
