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Andhra Pradesh Rolls Out New Policy to Regulate Chit Fund Schemes

Amaravati: Following the Margadarsi Chit Funds Private Ltd fiasco and to bring transparency in running the chit fund business, the Andhra Pradesh government announced a new chit fund policy on Monday.  Unveiling the new policy pertaining to the chit funds, the Revenue Minister Dharmana Prasada Rao said going forward the chit fund business will be done only in online mode. On

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