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Govt cracksdown on chit funds; proposes ban for MLM cos

CNBC-TV18‘s Siddharth Zarabi reports that the multi-level marketing companies will be banned by the government. The proposal has been mooted by the department of financial services and is likely to be fast tracked considering the seriousness of the chit fund scam

first published: May 17, 2013 10:05 pm


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