News:Government has moved the Chit Funds (Amendment) Bill,2019 for consideration in the Lok Sabha. Facts: What is Chit fund? Chit funds are a popular type of savings institutions in India.It is one of the main parts of the unorganized money market industry. Under a chit fund,people agree to pay a certain amount from time to… Continue reading Lok Sabha: Govt tables Bill to amend Chit Funds Act