January 24, 2023 What does Nidhi Company do? A Nidhi company is a type of non-banking finance company (NBFC) that operates on a mutual benefit basis. The primary business of Nidhi companies…
January 21, 2023 Requirements for Nidhi Company Registration Nidhi companies are non-banking financial institutions that are regulated by the Ministry of Corporate Affairs and the Reserve Bank of India. These companies are…
January 13, 2023 List of software for microfinance companies: Microfinance companies play a crucial role in providing financial services to individuals and small businesses who lack access to traditional banking services. To operate…
January 5, 2023 Structure of a Nidhi Company The structure of a Nidhi company is similar to that of other types of financial institutions, such as banks and credit unions. A Nidhi…
January 2, 2023 How to start Nidhi Company in India A Nidhi Company is a business structure which was established under Section 20A of the Companies Act, 1956 (Section 406 of the new Companies…
November 30, 2022 Difference Between Microfinance and Regular Stream Banks The financial sector of India is primarily based on diversified banking systems. Regarding availing of loans and other financial services, the banking sector can…
November 14, 2022 Differences between Microfinance and Micro credit Microfinance refers to financial services provided to individuals who have low incomes. Micro credit is a term used to describe small loans given to…
October 6, 2022 Accounting and Inventory Software for small business- Small business owners face many challenges when they’re just getting started, such as securing financing, finding customers and managing inventory. As small businesses grow…
September 1, 2022 Top 5 Advantages of Cooperative Society Software- Credit Cooperative Society Software is an all-inclusive and distinctive piece of software that aids in managing cooperative societies. It keeps track of their actions…
August 30, 2022 Key Advantages of Nidhi Company Software A Nidhi company is typically a non-banking financial institution that conducts lending and borrowing operations among its members. For small households, borrowing money and…
