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India
1995 (31 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Srivatshava Chits Pvt. Ltd.
Company Information
Get to know Srivatshava Chits Pvt. Ltd.
Established in 1999 and registered under the Chit Fund Act of 1982, Srivatshava Chits Private Limited provides a formal and secure platform for individuals to participate in chit funds. The company's business model revolves around a rotating savings and credit association (ROSCA) where a group of members contributes a fixed sum for a specific period, allowing them to save money collectively and borrow from the pool when needed. With a history spanning over two decades, the company has grown to operate numerous branches, primarily serving customers in the states of Andhra Pradesh and Telangana, aiming to be a reliable financial tool for the common person.
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