Housing Finance Companies, Merchant Banking Companies, Stock Exchanges, Companies engaged in the business of stock-broking/sub-broking, Venture Capital Fund Companies, Nidhi Companies, Insurance companies and Chit Fund Companies. Section 406 of Companies Act 2013 and Companies (Nidhi Companies) Rules, 2014 governs the provisions of Nidhi Company. Nidhi Company is exempted from core provisions of the RBI Act namely