CERSAI

Definition : Central Registry of Securitisation Asset Reconstruction and Security Interest of India
Category : Governmental » Firms & Organizations
Country/Region : India India
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What does CERSAI mean?

The Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) is a government company with a shareholding of 51% by the Central Government and select Public Sector Banks and the National Housing Banks to prevent frauds involving multiple lending by different banks on the same immovable property.