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of <h1>Nidhis must limit deposits to 20 times their Net Owned Funds; phased compliance required for excess ratios.</h1> Nidhis are restricted from accepting deposits exceeding twenty times their Net Owned Funds (NOF) according to their latest audited financial statements. Companies existing before July 26, 2001, that exceed this limit must adjust by either increasing NOF or reducing deposits, following a specified schedule based on their NOF-to-deposit ratio as of March 31, 2013. Companies with a ratio over 1:20 but up to 1:35 must comply by March 31, 2015; those over 1:35 but up to 1:45 by March 31, 2016; and those over 1:45 by March 31, 2017. These companies cannot accept or renew deposits if it breaches the prescribed ratio, which also applies to incremental deposits.
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