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Nidhi Company
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Nidhi Company Registration, Last online: 1 month ago

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Nidhi Companies are registered Limited Companies involved in taking deposits and lending to their members. The activities of a Nidhi Company does fall under the purview of Reserve Bank of India, as it is similar to an NBFC. However, as Nidhi Companies ONLY deal with shareholder-members money, RBI has exempted Nidhi Companies from the core provisions of the RBI and other regulations applicable to an NBFC.

https://www.onlinelegalindia.com/services/company-registration/nidhi-company/

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