The government is studying a model being followed by Kerala and aims to make it a Rs 10,000-crore turnover business by 2028. For this purpose, the Industries department has designed a new software and ...

According to him, MSIL’s safe chit fund business has been growing and it currently has over 2 lakh subscribers. “We have started this business to protect people from fly-by-night operators.

For the lower middle-class, MSIL will launch packages combining train and local bus travel with meals. Commercial ventures To improve the chit fund scheme, MSIL is chalking out plans to increase ...

The State government is considering a scheme to support women’s self-help groups based on the Kerala model by setting up a chit fund through Mysore Sales International Limited, Minister for ...

A chit fund is a financial instrument that is a combination of savings and borrowings. It has been a part of India’s financial system for more than a century. At its most fundamental level ...