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Home » chit fund News

chit fund

Chit funds to become investor-friendly?

Chit funds to become investor-friendly?

Wed, Nov 27, 2019

Aimed at protecting the interests of small investors and bring transparency in the operations of chit funds, Minister of State for Finance Anurag Singh Thakur on Tuesday introduced the Chit Funds (Amendment) Bill, 2019, in the Rajya Sabha.

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These 7 people face  crackdown under fugitive economic offenders law; cases span Rs 27,969 crore

These 7 people face crackdown under fugitive economic offenders law; cases span Rs 27,969 crore

Tue, Dec 18, 2018

The government Tuesday said action has been initiated against seven fugitives involved in economic offences involving Rs 27,969 crore in competent court.  

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Police arrests Seashore Group CMD Prashant Das

Police arrests Seashore Group CMD Prashant Das

Sat, Jan 06, 2018

Das was released from jail yesterday after he got bail in the other chit fund cases

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Ponzi schemes: SFIO lens on 63 firms this financial year

Ponzi schemes: SFIO lens on 63 firms this financial year

Mon, Dec 25, 2017

This translates to an average of 7 companies being referred for investigations per month

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