What is chit fund in india?

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Efrain Schulist asked a question: What is chit fund in india?
Asked By: Efrain Schulist
Date created: Fri, May 21, 2021 5:03 AM
Date updated: Mon, Sep 12, 2022 7:52 AM

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Video answer: Chit funds: financial inclusion tool in india

Chit funds: financial inclusion tool in india

Top best answers to the question «What is chit fund in india»

A Chit fund is a type of Non Banking Finance Company {NBFC} which regulates under Section 2 of Chit Fund Act, 1982. This type of company does not comply with the rules of the Reserve Bank of India. It works on the concept of savings and borrowings.

Video answer: What is chit fund? how chit fund works? how chit fund operates?

What is chit fund? how chit fund works? how chit fund operates?

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