chit fund in a sentence
Examples
- Under the Chit Fund Act ( 1982 ), chit funds are regulated by state governments rather than SEBI.
- Her party got embroiled in the Sharada mega chit fund scam but still won the 2014 Parliament elections from Bengal.
- With other investors, the investment was fraudulently sold in the form of a " chit fund ".
- He was a devotee and a chit fund agent had gone to Sarathi's ashram but had gone missing.
- Roy joined Sahara Finance, a struggling company, in 1978, that ran a chit fund and took it over.
- However, the money saved by her father in a chit fund is lost, with the closure of the fund.
- Such chit fund schemes may be conducted by organised financial institutions, or may be unorganised schemes conducted between friends or relatives.
- As his sister's marriage is fixed, Azaad goes to Hyderabad to get the five lakhs he saved in a chit fund company.
- Chit funds also played an important role in the financial development of people of south Indian state of Kerala, by providing easier access to credit.
- By looking at victims of the chit fund company committing suicide, Azaad wears the mask of'Azad'to stop Deva's Mission.