AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
BANKING/FINANCE: Chit funds help low, middle income households: Study.
from BUSINESS LINE, October 31, 2009 Chennai, Oct. 30 - Chit funds have proved to be useful tools for enabling savings and credit disbursement in the low income groups and deserve to be encouraged for financial inclusion. This is the thrust of a study that was funded by Bill & Melinda Gates Foundation and conducted by the Institute for Financial Management and Research (IFMR).
(Chit funds are rotating savings and credit associations, where members of a group (scheme) pool in money each month and the pooled funds are loaned to the member who offers the best interest rate.) The study, which took two and a half years to complete, focussed on the chit fund operations in five …
-
- CHIT FUND NORMS (RBI has barred chit funds from accepting deposits from the...
-
Magazine article from: India Business Insight
September 20, 2009
700+ words
-
- TN GOVT ORDER STUNS CHIT FUND OPERATORS (as much as 300 percent increase in...
-
News wire article from: Asia Africa Intelligence Wire
March 31, 2003
700+ words
-
- Look before You Leap When Investing in Chit Funds
-
News wire article from: Business Line
September 23, 2012
700+ words
-
- 'Shriram, Margadarsi top chit fund players'.
-
News wire article from: Business Line
March 25, 2002
700+ words
-
- BANKING/FINANCE: Chit funds prohibited from accepting deposits from.
-
News wire article from: Business Line
August 29, 2009
700+ words
