About Dream Power India Nidhi Limited in 2nd Floor Upper Central bank of india, Sumerpur

Dream Power India Nidhi Limited (Mutual Benefit Finance company) Incorporated the Companies Act.1956 and It is regulated by Ministry of Corporate Affairs. Reserve Bank of India is empowered to issue directions to them in matters relating to their deposit acceptance activities.
ToAccept Deposit From the Members of the Company under Saving Deosits,Fixed Deposits,Recurring Deposits and Such other Schemes for Encourage the Members to Save Money.
To Advance or lend Moneyto its Memberson the security of immovable properties Like Building,Landsand on movable properties.Like Gold,Silver ornaments and articles,Deposit(Fied Deposit,Cumulative Deposit,Recurring Deposing and all kind deposits),Kisan vikas Patras,Deposits under National Savings Certificates,bonds and other approved securities of the Government,Local authorities or other institutions,Insurance Policy,goods of commercial value,marketable shares and other securities on such terms and conditions and at such rates of intrest as may be decided by the Company from time to time.
Nidhis are also included in the definition of Non- Banking Financial companies or (NBFCs) which operate mainly in the unorganized money market. However, since 1997, NBFCs have been brought increasingly under the regulatory ambit of the Indian Central Bank, RBI. Non-banking financial entities partially or wholly regulated by the RBI include:

Get Directions