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Nidhi Company Registration

6 years ago

ID: #448217

Listed In : Legal & Financial

Business Description

In India, Nidhi Company registration is done with the object of cultivating the habit of thrift and savings amongst its members. Under this, deposits are obtained from members and lending is done among its members only. As Nidhi Company is a type of NBFC, RBI issues directions from time to time. Nidhi Company registration is valid for the whole life time.

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