Chit Fund

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

Updated On: 16 Feb 2023 | 11:13 PM IST

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

Updated On: 22 Dec 2021 | 1:10 AM IST

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

Updated On: 28 Nov 2019 | 6:02 PM IST

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

Updated On: 27 Nov 2019 | 11:59 PM IST