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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

Crackdown on chit fund companies gathers pace in Chhattisgarh
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

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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

Parliament clears chit fund Bill: Monetary limits, commissions to go up
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

Chit fund cos go tech-savvy with huge data at stake on getting legal status
Updated On : 27 Nov 2019 | 11:59 PM IST