Jayantakumar inaugurates Lamjingba Nidhi Limited
Source: The Sangai Express
Imphal, December 29 2018:
Health MinisterL Jayantakumar inaugurated Lamjingba Nidhi Limited, a financial institution at Nagamapal RIMS road near Nityainanda temple today.
MLA Khurai AC Leishangthem Susindro Meitei and Chairman Lamjingba Group Sanasam Jacky Mangang were present at the ceremony.
Jayantakumar lauded Lamjingba group for setting up a financial institution adding that many financial institutions were set up in the State, however, only few lasted as many of the institutions lack sincerity and dedication.
He expressed happiness that Lamjingba is accomplishing in nearly 20 different fields.
Meanwhile, Lamjingba Group chairman Jacky Mangang said Nidhi Limited belongs to a non-banking finance sector in India which provides loan and other financial services.
Citing the functioning of Nidhi Limited, Jacky informed that initially a person has to be enrolled in Nidhi Limited as a member to avail different financial services from the institution.
He said any interested person can qome down to the office for membership enrolment.
Nidhi Company began functioning at different parts of the country especially at South Indian States like Karnataka, Tamil Nadu and Kerala since 1993.The company was later recognised by the Indian Government in 2013 .