Nidhi Consultancy, Nidhi Software Demo, Nidhi Agarwal, Nidhi Banking Software, Nidhi Resources - PowerPoint PPT Presentation

About This Presentation
Title:

Nidhi Consultancy, Nidhi Software Demo, Nidhi Agarwal, Nidhi Banking Software, Nidhi Resources

Description:

A nidhi company, is one that belongs to the non-banking Indian finance sector and is recognized under section 406 of the Companies Act, 2013. Their core business is borrowing and lending money between their members. They are also known as Permanent Fund, Benefit Funds, Mutual Benefit Funds and Mutual Benefit Company. They are regulated by Ministry of Corporate Affairs. Reserve Bank of India is empowered to issue directions to them in matters relating to their deposit acceptance activities. – PowerPoint PPT presentation

Number of Views:71
Slides: 14
Provided by: salewebsoftex
Category:
Tags:

less

Transcript and Presenter's Notes

Title: Nidhi Consultancy, Nidhi Software Demo, Nidhi Agarwal, Nidhi Banking Software, Nidhi Resources


1
With the rising state of economy, it's the center
and lower socio-economic class that square
measure liable to bear the force of a monetary
burden.In such a scenario, family breadwinners
notice it extraordinarily tough to avoid wasting
since most investment mechanisms cater to larger
amounts. Savings in bank give very little scope
for growth.
  • NIDHI COMPANY INDIA

2
NIDHI COMPANIES INDIA
  • Nidhi Companies in India give the simplest and
    handiest solutions for investment and savings
    with wide scope and potential for financial
    growth.
  • Nidhi corporations in Republic of India were
    created for cultivating the habit of tiny savings
    targeted at the lower and bourgeoisie.

3
INVESTMENT IN NIDHI
  • Its investment structure consists of realigning
    funds among a growing cluster of members World
    Health Organization have the benefit of returns
    at fastened durations.
  • So the contributions of funds generated in Nidhi
    investments are accomplished from its members
    (shareholders).

4
RBI ABOUT NIDHI COMPANY
  • The RBI review Committee counseled that any
    company participating in a very Nidhi primarily
    based business as outlined higher than ought to
    have the word Nidhi value-added to the
    companys name.
  •  

5
RBI ABOUT NIDHI COMPANY
  • Existing firms that perform almost like the
    activities of a Nidhi company as outlined by the
    tally directives will have to be compelled to add
    the word Nidhi when their registered name.
  • The explanation for such a directive is to
    apprise the overall public to differentiate
    between an everyday finance fund and a Nidhi
    company. 

6
NIDHI CORPORATION
  • Nidhi corporations in Bharat square measure
    allowable to have interaction in camera
    circulation of loan and investment schemes among
    members solely.
  • Associate abstract of the record may be
    circulated among the members.

7
NIDHI CORPORATION
  • No ad shall be created for mobilization of
    Nidhi investments and resources.
  • No brokerage or incentives are going to be
    allowed to be got mobilizing deposits from
    members or granting loans.

8
NIDHI CORPORATION
  • Every Nidhi ought to build accessible to a
    prospective investor a Deposit form to be crammed
    in by the investor that ought to contain the
    salient options of the Nidhi concerning its
    finance and administration as per NBFC ad Rules.

9
Diff B/W Nidhi and Chit Fund
  • NIDHI
  • Nidhi Company is that the variety of Non-Banking
    monetary Company (NBFC) which might take a
    deposit and lend cash to its members.
  • Chit Fund
  • Chit Fund Company is additionally called the
    committee it's a kind of a saving theme in Asian
    nation wherever mounted installment is paid by
    the members over a particular amount of your
    time.

10
Diff B/W Nidhi and Chit Fund
  • NIDHI
  • 2. Nidhi Company is Associate in Nursing NBFC
    which might take a deposit and lend cash to its
    members.
  • Chit Fund
  • 2. Chit Fund Company is additionally referred
    to as the committee wherever fastened installment
    is paid by the members over a precise amount of
    your time.

11
Diff B/W Nidhi and Chit Fund
  • NIDHI
  • Nidhi Company could be a non-financial banking
    concern which may either lend or settle for
    deposits solely whereas the latter
  • Chit Fund
  • Chit Fund solely settle for installments over a
    hard and fast amount of your time that is paid by
    its members, they neither do lend nor settle for
    the number as a full in contrast to the Nidhi
    Company

12
WEBSOFTEX ENTITY
13
(No Transcript)
Write a Comment
User Comments (0)
About PowerShow.com