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A nidhi company, is one that belongs to the non-banking Indian Finance sector and is recognized under section 620A of the Companies Act, 1956.〔(NON-BANKING FINANCIAL COMPANIES )〕 Their core business is borrowing and lending money only between their members. They are also known as Permanent Fund, Benefit Funds, Mutual Benefit Funds and Mutual Benefit Company. It is regulated by Ministry of Corporate Affairs. Reserve Bank of India is empowered to issue directions to them in matters relating to their deposit acceptance activities. However, in recognition of the fact that these Nidhis deal with their shareholder-members only. Nidhi Companies were existed even prior to the existence of companies Act 1913. The basic concept of Nidhi is "Principle of Mutuality" ("Paraspara Sahaya"). Thus Nidhis function for the common benefit advantage of all their Members/Share holders.〔(About Nidhi )〕 These companies are more popular in South India and 80% of Nidhi companies located in Tamil Nadu. ==List of few nidhi companies== * Kumbakonam Mutual Benefit Fund Ltd * Madura Hindu Permanent Fund Ltd * Alagendran Benefit Fund Ltd 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Nidhi Company」の詳細全文を読む スポンサード リンク
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