- t is mandatory for deposit-taking NBFCs / HFCs to maintain a required SLR against the public deposits which is accepted by such Companies.
- Accordingly, ITSL acts as a Trustee for such NBFCs / HFCs in respect of deposit accepted by them and the charge on securities (as may be required) is created in favor of ITSL as per the requirement of RBI / NHB.
- Creation of charge with the Registrar of Companies (ROC) and marking a lien on the FDs pledged with ITSL
- Ensure compliance with RBI and NHB regulations by companies / NBFCs Obtaining the copies of NBS1, NBS2 & NBS3 as submitted by the NBFCs / HFCs to RBI / NHB.
