CERSAI

Definition	:	Central Registry of Securitisation Asset Reconstruction and Security Interest of India
Category	:	Governmental » Firms & Organizations
Country/Region	:	India
Popularity	:

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.