Multiple Banks including Canara Bank, Bank of Baroda, Corporation Bank and Allahabad Bank have availed services from SecMark for diversifying into non-banking business segments.
SecMark has assisted a large number of NBFCs in designing and modelling their Loan Against Shares business, fully in accordance with the regulatory framework of RBI and maintaining an arms length distance from Broking Activity.

Starting Stock Broking, DP or PMS Business:

With and intention to become a one stop shop for various financial products, banks and NBFCs have gone ahead launching diversified non-banking products. SecMark has successfully accomplished such turnkey projects on an end to end basis. Services from SecMark include:
  • Establishing Stock Broking Business.
  • Establishing Depository Participant  Business.
  • Establishing Clearing Member Operations.
  • Establishing Portfolio Management Operations.
  • Establishing Distribution business for 3rd party products.


Activities for starting Stock Broking, DP, PMS Business:

  • Strategic Planning and Business Modelling.
  • Statutory Registration.
  • Evaluation, procurement and implementation of software, hardware and bandwidth.
  • Seamless Integration multiple applications like CBS, DP, Broking, IVR and Call Center applications.
  • Designing of Products.
  • Implementation of Risk Management System.
  • Setting up Operations and Compliance departments.
  • Drafting and Implementation of AML Policies and Procedures.
  • Drafting of Agreements and Client Registration Kits.
  • Designing of Standard Operating Procedures.
  • Human Resource Placement and Training.

Services for NBFCs:

  • Acquisition / Registration of NBFC.
  • Strategic Planning and Business Modelling.
  • Evaluation, procurement and implementation of software
  • Designing of Products.
  • Implementation of Client Acceptance and facility sanctioning Standards.
  • Setting up Operations and Compliance departments.
  • Implementing Risk Management System.
  • Drafting of Agreements and Client Registration Kits.
  • Designing of Standard Operating Procedures.

Some Valued NBFC Clients:

  • Fullerton India Credit Company
  • Inventure Finance Ltd.
  • Labdhi Finance Corporation.
  • Pioneer Invest Corp Ltd.
  • Sunidhi Capital Ltd.
  • Ashmavir Finance Ltd.


Acquisition of NBFCs:

SecMark has a large database of NBFCs which are available for acquisition by those who are inclined to venture into the funding activity.
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