A Nidhi company registration belongs to the class of non-banking finance sector firms. The Nidhi Company registration empowers lending money and encouraging savings between the members of the company. Nidhi Company is defined under Section 406 of Co
... more A Nidhi company registration belongs to the class of non-banking finance sector firms. The Nidhi Company registration empowers lending money and encouraging savings between the members of the company. Nidhi Company is defined under Section 406 of Companies Act, 2013 and Companies (Nidhi Companies) Rules, 2014. The Nidhi Companies is governed/ruled by the Central Government, Reserve Bank of India (RBI) is empowered to give directions regarding the matters related to the acceptance of deposits.
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