nidhi company registration

12/09/2022 Financial & Legal Services

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Description

The source of the word “Nidhi” in Nidhi Company usually means “treasure.” Any mutual benefit society that has been notified by the Central / Union Government is referred to as a Nidhi Company in its more contemporary context in the Indian financial sector. They were established primarily with the intention of encouraging their members to practice frugal living and save money.

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