Nidhis make advances to its members against security such as
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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
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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
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