Business Studies, asked by muthu7935, 10 months ago

Nidhis make advances to its members against security such as

Answers

Answered by Anonymous

As said, Nidhi Company is not allowed to do micro finance business or in other words, Nidhi Company is not allowed to provide unsecured loans to its members. Nidhi Company can only lend a secured loan that too only to its members

Answered by UrvashiBaliyan

Answer:

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