Nature of work

Act as Trustee for Public Deposits accepted by Companies and NBFCs across India in accordance with the guidelines issued by RBI and NHB

Our Expertise

  • Handled Trusteeship activities for a large number of companies and NBFCs relating to raising their public deposits.
  • Thorough knowledge of RBI and NHB regulations and ensuring compliance of the same.

Services Offered

  • Ensure payment of principal and interest amounts on due dates to deposit holders
  • Obtain No Default Certificate from the Chartered Accountant confirming timely payment of interest and principal amounts to the depositors
  • Ensure compliance with RBI and NHB regulations by companies / NBFCs
  • Enable maintenance of Statutory Liquid Assets as per RBI and NHB Directions
  • Verify quarterly returns (NBS 1, NBS 2, NBS 3) submitted to RBI and NHB
  • Updating/Notify Issuers on amendments in Regulations on Acceptance of Public Deposits.

Catalyst is presently handling trusteeship assignments of large corporations, NBFCs, and Banks in excess of Rs. 4,00,000 Crores.