CFSL is a wholly owned subsidiary of Central Bank of India & has been into the business of Trusteeship Services since 1929.
To know more click on the links: Business Presentation
Trusteeship Services offered by CFSL:
[Debenture Trustee Services]
[Security Trustee Services]
[Safe Custody of Documents under Co-lending]
[Escrow Trustee Services]
[Executor Trustee Services]
Being a wholly owned subsidiary of Central Bank of India (a PSU Bank), CFSL should be an obvious choice of Domestic Corporates, Indian Commercial Banks, NBFCs, AMCs & Domestic Private Equity players for availing Corporate Trustee Services.
CFSL as a Debenture Trustee ensure the protection of interest of debenture holders.
Security Trusteeship is a contractual arrangement among a Borrower, Lender/s (who are Banks, Financial Institutions & NBFCs) under a Bilateral / Consortium / Multiple arrangement and a Security Trustee. This arrangement is established by executing a document called Security Trustee Agreement (STA).
Executor Trusteeship offered specialized services, such as Drafting of Will/Trust deed/Probate, Administration of Will, Management of Trust funds/trust properties, Guardian of Minor’s properties, taking care of Estate and Income etc.