A couple from Kerala is suspected to have fled to Kenya after allegedly cheating nearly 800 investors out of ₹40 crore (approximately Ksh601.7 million) through a chit fund and finance business based ...

On the first day of Parliament’s Winter Session beginning Monday, the Centre has listed the Chit Fund (Amendment) Bill, 2019, for passage in the Lok Sabha, which seeks to regulate chit funds and ...

The Pondy Bazaar police arrested a couple who had been on the run in connection with a Deepavali chit fund scam. According to the police, Sangeethavani, 32, of T. Nagar, had been paying into a ...

The Enforcement Directorate (ED) has filed a chargesheet in connection with the Rs 521 crore Maxizone chit fund scam before the Special ED Court in Ranchi, naming the company and its key promoters as ...

India's traditional 'chit fund' system of banking by small self-help groups may meet the health needs of the country's 1.4 billion people better than private health insurance companies, which only ...

Minister for Large and Medium Industries, MB Patil, said the MSIL chits software and mobile app have been developed specifically to ensure ease of access and transparency in transactions. BENGALURU: ...

Chief Minister Siddaramaiah on Saturday promised that people’s investments are safe in chit funds of Mysore Sales International Limited (MSIL), a State government-owned entity. Speaking at the launch ...

Bengaluru: Karnataka Chief Minister Siddaramaiah on Saturday launched the software and mobile app developed to facilitate smooth and transparent chit fund transactions under the State-owned Mysuru ...