Nidhi is a company which is incorporated as a Nidhi Company for its members for receiving deposits and lending to its members only. The objective is to inculcate savings for their mutual benefit.

Nidhi companies are governed by Nidhi Rules, 2014. They are incorporated in the nature of Public Limited company and hence, they have to comply with two set of norms, one of Public limited company as per Companies Act, 2013 and another is for Nidhi rules, 2014.