POWER OF ATTORNEY


      KNOW ALL MEN BY THESE PRESENTS, that the undersigned director and/or
officer of THE CIT GROUP HOLDINGS, INC., a Delaware corporation, which is about
to file with the Securities and Exchange Commission, Washington, D.C., under the
provisions of the Securities Act of 1934, as amended, an annual report on Form
10-K for the year ended December 31, 1995, hereby constitutes and appoints
ALBERT R. GAMPER, JR., ERNEST D. STEIN, and DONALD J. RAPSON his true and lawful
attorneys-in-fact and agents, and each of them with full power to act without
the others, his true and lawful attorneys-in-fact and agents, for him and in his
name, place, and stead, in any and all capacities, to sign such Form 10-K and
any and all amendments thereof, with power where appropriate to affix the
corporate seal of said corporation thereto and to attest to said seal, and to
file such Form 10-K and each such amendment, with all exhibits thereto, and any
and all other documents in connection therewith, with the Securities and
Exchange Commission, and hereby grants unto said attorneys-in-fact and agents,
and each of them, full power and authority to do and perform any and all acts
and things requisite and necessary to be done in and about the premises, as
fully to all intents and purposes as he might or could do in person and hereby
ratifies and confirms all that said attorneys-in-fact and agents, or any of
them, may lawfully do or cause to be done by virtue hereby.

     IN WITNESS WHEREOF, the undersigned has hereunto set his hand on the 15th
day of February, 1996.


                                         /s/ Albert R. Gamper, Jr.
                                         ----------------------------------
                                         Albert R. Gamper, Jr.



<PAGE>

                                POWER OF ATTORNEY


      KNOW ALL MEN BY THESE PRESENTS, that the undersigned director and/or
officer of THE CIT GROUP HOLDINGS, INC., a Delaware corporation, which is about
to file with the Securities and Exchange Commission, Washington, D.C., under the
provisions of the Securities Act of 1934, as amended, an annual report on Form
10-K for the year ended December 31, 1995, hereby constitutes and appoints
ALBERT R. GAMPER, JR., ERNEST D. STEIN, and DONALD J. RAPSON his true and lawful
attorneys-in-fact and agents, and each of them with full power to act without
the others, his true and lawful attorneys-in-fact and agents, for him and in his
name, place, and stead, in any and all capacities, to sign such Form 10-K and
any and all amendments thereof, with power where appropriate to affix the
corporate seal of said corporation thereto and to attest to said seal, and to
file such Form 10-K and each such amendment, with all exhibits thereto, and any
and all other documents in connection therewith, with the Securities and
Exchange Commission, and hereby grants unto said attorneys-in-fact and agents,
and each of them, full power and authority to do and perform any and all acts
and things requisite and necessary to be done in and about the premises, as
fully to all intents and purposes as he might or could do in person and hereby
ratifies and confirms all that said attorneys-in-fact and agents, or any of
them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS WHEREOF, the undersigned has hereunto set his hand on the 15th
day of February, 1996.


                                         /s/ Kenji Nakamura
                                         ----------------------------------
                                         Kenji Nakamura


<PAGE>

                                POWER OF ATTORNEY


      KNOW ALL MEN BY THESE PRESENTS, that the undersigned director and/or
officer of THE CIT GROUP HOLDINGS, INC., a Delaware corporation, which is about
to file with the Securities and Exchange Commission, Washington, D.C., under the
provisions of the Securities Act of 1934, as amended, an annual report on Form
10-K for the year ended December 31, 1995, hereby constitutes and appoints
ALBERT R. GAMPER, JR., ERNEST D. STEIN, and DONALD J. RAPSON his true and lawful
attorneys-in-fact and agents, and each of them with full power to act without
the others, his true and lawful attorneys-in-fact and agents, for him and in his
name, place, and stead, in any and all capacities, to sign such Form 10-K and
any and all amendments thereof, with power where appropriate to affix the
corporate seal of said corporation thereto and to attest to said seal, and to
file such Form 10-K and each such amendment, with all exhibits thereto, and any
and all other documents in connection therewith, with the Securities and
Exchange Commission, and hereby grants unto said attorneys-in-fact and agents,
and each of them, full power and authority to do and perform any and all acts
and things requisite and necessary to be done in and about the premises, as
fully to all intents and purposes as he might or could do in person and hereby
ratifies and confirms all that said attorneys-in-fact and agents, or any of
them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS WHEREOF, the undersigned has hereunto set his hand on the 15th
day of February, 1996.


                                         /s/ Keiji Torii
                                         ----------------------------------
                                         Keiji Torii



<PAGE>

                                POWER OF ATTORNEY


      KNOW ALL MEN BY THESE PRESENTS, that the undersigned director and/or
officer of THE CIT GROUP HOLDINGS, INC., a Delaware corporation, which is about
to file with the Securities and Exchange Commission, Washington, D.C., under the
provisions of the Securities Act of 1934, as amended, an annual report on Form
10-K for the year ended December 31, 1995, hereby constitutes and appoints
ALBERT R. GAMPER, JR., ERNEST D. STEIN, and DONALD J. RAPSON his true and lawful
attorneys-in-fact and agents, and each of them with full power to act without
the others, his true and lawful attorneys-in-fact and agents, for him and in his
name, place, and stead, in any and all capacities, to sign such Form 10-K and
any and all amendments thereof, with power where appropriate to affix the
corporate seal of said corporation thereto and to attest to said seal, and to
file such Form 10-K and each such amendment, with all exhibits thereto, and any
and all other documents in connection therewith, with the Securities and
Exchange Commission, and hereby grants unto said attorneys-in-fact and agents,
and each of them, full power and authority to do and perform any and all acts
and things requisite and necessary to be done in and about the premises, as
fully to all intents and purposes as he might or could do in person and hereby
ratifies and confirms all that said attorneys-in-fact and agents, or any of
them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS WHEREOF, the undersigned has hereunto set his hand on the 15th
day of February, 1996.


                                         /s/ Hisao Kobayashi
                                         ----------------------------------
                                         Hisao Kobayashi


<PAGE>

                                POWER OF ATTORNEY


      KNOW ALL MEN BY THESE PRESENTS, that the undersigned director and/or
officer of THE CIT GROUP HOLDINGS, INC., a Delaware corporation, which is about
to file with the Securities and Exchange Commission, Washington, D.C., under the
provisions of the Securities Act of 1934, as amended, an annual report on Form
10-K for the year ended December 31, 1995, hereby constitutes and appoints
ALBERT R. GAMPER, JR., ERNEST D. STEIN, and DONALD J. RAPSON his true and lawful
attorneys-in-fact and agents, and each of them with full power to act without
the others, his true and lawful attorneys-in-fact and agents, for him and in his
name, place, and stead, in any and all capacities, to sign such Form 10-K and
any and all amendments thereof, with power where appropriate to affix the
corporate seal of said corporation thereto and to attest to said seal, and to
file such Form 10-K and each such amendment, with all exhibits thereto, and any
and all other documents in connection therewith, with the Securities and
Exchange Commission, and hereby grants unto said attorneys-in-fact and agents,
and each of them, full power and authority to do and perform any and all acts
and things requisite and necessary to be done in and about the premises, as
fully to all intents and purposes as he might or could do in person and hereby
ratifies and confirms all that said attorneys-in-fact and agents, or any of
them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS WHEREOF, the undersigned has hereunto set his hand on the 15th
day of February, 1996.


                                         /s/ Michio Murata
                                         ----------------------------------
                                         Michio Murata



<PAGE>

                                POWER OF ATTORNEY


      KNOW ALL MEN BY THESE PRESENTS, that the undersigned director and/or
officer of THE CIT GROUP HOLDINGS, INC., a Delaware corporation, which is about
to file with the Securities and Exchange Commission, Washington, D.C., under the
provisions of the Securities Act of 1934, as amended, an annual report on Form
10-K for the year ended December 31, 1995, hereby constitutes and appoints
ALBERT R. GAMPER, JR., ERNEST D. STEIN, and DONALD J. RAPSON his true and lawful
attorneys-in-fact and agents, and each of them with full power to act without
the others, his true and lawful attorneys-in-fact and agents, for him and in his
name, place, and stead, in any and all capacities, to sign such Form 10-K and
any and all amendments thereof, with power where appropriate to affix the
corporate seal of said corporation thereto and to attest to said seal, and to
file such Form 10-K and each such amendment, with all exhibits thereto, and any
and all other documents in connection therewith, with the Securities and
Exchange Commission, and hereby grants unto said attorneys-in-fact and agents,
and each of them, full power and authority to do and perform any and all acts
and things requisite and necessary to be done in and about the premises, as
fully to all intents and purposes as he might or could do in person and hereby
ratifies and confirms all that said attorneys-in-fact and agents, or any of
them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS WHEREOF, the undersigned has hereunto set his hand on the 15th
day of February, 1996.


                                         /s/ Joseph A. Pollicino
                                         ----------------------------------
                                         Joseph A. Pollicino



<PAGE>

                                POWER OF ATTORNEY


      KNOW ALL MEN BY THESE PRESENTS, that the undersigned director and/or
officer of THE CIT GROUP HOLDINGS, INC., a Delaware corporation, which is about
to file with the Securities and Exchange Commission, Washington, D.C., under the
provisions of the Securities Act of 1934, as amended, an annual report on Form
10-K for the year ended December 31, 1995, hereby constitutes and appoints
ALBERT R. GAMPER, JR., ERNEST D. STEIN, and DONALD J. RAPSON his true and lawful
attorneys-in-fact and agents, and each of them with full power to act without
the others, his true and lawful attorneys-in-fact and agents, for him and in his
name, place, and stead, in any and all capacities, to sign such Form 10-K and
any and all amendments thereof, with power where appropriate to affix the
corporate seal of said corporation thereto and to attest to said seal, and to
file such Form 10-K and each such amendment, with all exhibits thereto, and any
and all other documents in connection therewith, with the Securities and
Exchange Commission, and hereby grants unto said attorneys-in-fact and agents,
and each of them, full power and authority to do and perform any and all acts
and things requisite and necessary to be done in and about the premises, as
fully to all intents and purposes as he might or could do in person and hereby
ratifies and confirms all that said attorneys-in-fact and agents, or any of
them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS WHEREOF, the undersigned has hereunto set his hand on the 15th
day of February, 1996.


                                         /s/ Paul N. Roth
                                         ----------------------------------
                                         Paul N. Roth


<PAGE>

                                POWER OF ATTORNEY


      KNOW ALL MEN BY THESE PRESENTS, that the undersigned director and/or
officer of THE CIT GROUP HOLDINGS, INC., a Delaware corporation, which is about
to file with the Securities and Exchange Commission, Washington, D.C., under the
provisions of the Securities Act of 1934, as amended, an annual report on Form
10-K for the year ended December 31, 1995, hereby constitutes and appoints
ALBERT R. GAMPER, JR., ERNEST D. STEIN, and DONALD J. RAPSON his true and lawful
attorneys-in-fact and agents, and each of them with full power to act without
the others, his true and lawful attorneys-in-fact and agents, for him and in his
name, place, and stead, in any and all capacities, to sign such Form 10-K and
any and all amendments thereof, with power where appropriate to affix the
corporate seal of said corporation thereto and to attest to said seal, and to
file such Form 10-K and each such amendment, with all exhibits thereto, and any
and all other documents in connection therewith, with the Securities and
Exchange Commission, and hereby grants unto said attorneys-in-fact and agents,
and each of them, full power and authority to do and perform any and all acts
and things requisite and necessary to be done in and about the premises, as
fully to all intents and purposes as he might or could do in person and hereby
ratifies and confirms all that said attorneys-in-fact and agents, or any of
them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS WHEREOF, the undersigned has hereunto set his hand on the 15th
day of February, 1996.


                                         /s/ Takasuke Kaneko
                                         ----------------------------------
                                         Takasuke Kaneko
          


<PAGE>

                                POWER OF ATTORNEY


      KNOW ALL MEN BY THESE PRESENTS, that the undersigned director and/or
officer of THE CIT GROUP HOLDINGS, INC., a Delaware corporation, which is about
to file with the Securities and Exchange Commission, Washington, D.C., under the
provisions of the Securities Act of 1934, as amended, an annual report on Form
10-K for the year ended December 31, 1995, hereby constitutes and appoints
ALBERT R. GAMPER, JR., ERNEST D. STEIN, and DONALD J. RAPSON his true and lawful
attorneys-in-fact and agents, and each of them with full power to act without
the others, his true and lawful attorneys-in-fact and agents, for him and in his
name, place, and stead, in any and all capacities, to sign such Form 10-K and
any and all amendments thereof, with power where appropriate to affix the
corporate seal of said corporation thereto and to attest to said seal, and to
file such Form 10-K and each such amendment, with all exhibits thereto, and any
and all other documents in connection therewith, with the Securities and
Exchange Commission, and hereby grants unto said attorneys-in-fact and agents,
and each of them, full power and authority to do and perform any and all acts
and things requisite and necessary to be done in and about the premises, as
fully to all intents and purposes as he might or could do in person and hereby
ratifies and confirms all that said attorneys-in-fact and agents, or any of
them, may lawfully do or cause to be done by virtue hereby.

      IN WITNESS WHEREOF, the undersigned has hereunto set his hand on the 15th
day of February, 1996.


                                         /s/ Peter J. Tobin
                                         ----------------------------------
                                         Peter J. Tobin