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People’s investments safe in MSIL chit fund, says Karnataka CM

The Hindu 07 Feb 2026
Karnataka currently records chit fund transactions worth only about ₹500 crore a year, MSIL aims to increase it to ₹10,000 crore. CM ....
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CM Siddaramaiah targets Rs 10,000 crore chit fund transactions via MSIL, ensures secure investments

International Business Times 07 Feb 2026
He was speaking on Saturday after releasing the new MSIL Chits software and mobile app, organised by Mysore Sales International Limited, owned by the state government ... MSIL, a government institution, has earned people's trust for many decades.
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MSIL goes digital with chits, eyes Rs 5,000-cr turnover

Deccan Herald 07 Feb 2026
“Since MSIL is a state institution, there is no room for the kind of fraud often seen in private chit funds ... employees, the government is also mulling opening MSIL stores modeled after Army canteens.
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MSIL records double sales of liqour worth Rs 18.11 crore in Karnataka

Deccan Herald 01 Jan 2026
MSIL (Mysore Sales International Limited) retail outlets in the state including Mysuru region, have recorded almost double the sales of liquor on New year eve on December 31, compared to the sales on ...
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