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Don’t miss the latest developments in business and finance.
Crackdown on chit fund companies gathers pace in Chhattisgarh
The recoveries are part of the Chhattisgarh government's crackdown on the fly-by-night financial companies that duped people in the state
IT raid on chit fund group finds Rs 250-crore illicit cash transaction
The searches were carried out on December 16, and 30 premises of the unidentified group, also engaged in real estate and finance business
Parliament clears chit fund Bill: Monetary limits, commissions to go up
The Chit Funds (Amendment) Bill, 2019 was passed by voice vote in Rajya Sabha
Chit fund cos go tech-savvy with huge data at stake on getting legal status
Last week Lok Sabha passed the Chit Funds (Amendment) Bill, 2019, amending the Chit Funds Act, 1982
