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Proposed Amendments in NIDHI RULES 2014

News and Press Release - Dated:- 2-2-2016 - Loans 17.1 Rule 15(4) of the Nidhi Rules, 2014 permits only three kinds of securities against which a Nidhi can give loan to its members, namely:- (a) gold, .....

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olders that in case of urban marginal or lower class, vehicles like auto-rickshaw, etc. are sources of income and are available on hypothecation of vehicle itself and no other security is required. Fu .....

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