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imageCorpbank Security Ltd. (100% subsidiary)


CORPBANK SECURITIES Limited (CBSL) is a wholly owned subsidiary of Union Bank of India, a premier Public Sector Bank, having its registered office at Mumbai. The Company commenced operations in the year 2000 as a Non-Banking Financial Company (NBFC) registered with RBI.

The Company acted as a Primary Dealer till March 2007 when the PD activity was surrendered to the Parent bank under approvals from both the RBI and the company’s board.

The Company is presently engaged in giving broking services to the Institutional clients in Capital Market Segment. Other than that, the Company has been undertaking various other business activities like distribution of Mutual Fund schemes; trading in the Dated Govt. Securities, Certificate of Deposits, Treasury bills, Commercial papers and investment in Fixed deposits.

The Company initiated the stock broking business in November 2015 with a focus on institutional segments after obtaining membership in BSE/NSE. The Company, is presently engaged in providing Broking Services to leading Banks, Mutual funds and Insurance companies.