Guide to Know RBI Regulations on Nidhi Finances

In the current business environment, it is essential for every small business to understand and comply with all relevant laws. The Reserve Bank of India (RBI) has introduced several measures to support the micro, small and medium enterprises (MSME) sector through compliance with certain regulations for financial monitoring, reporting and audit requirements. In this post, we look at the know your rights as a Nidhi in India if you own one. We also explore the RBI laws for Nidhi is and their businesses. Defining a Nidhi in India A eNidhi is an Indian financial institution that is regulated by the […]