Central Registry of Securitisation Asset Reconstruction and Security Interest

Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) is a central online security interest registry of India.

It was primarily created to check frauds in lending against equitable mortgages, in which people would take multiple loans on the same asset from different banks.

CERSAI is a Registration System under the provisions of Chapter IV of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.

Verma, served as the first acting Registrar, managing director and CEO of CERSAI, while continuing to hold charge at the National Housing Bank.

In January 2016, it's riled were extended even further to allow the CERSAI to start registration of security interests created on movable and intangible assets, as well as to registration of all other types of mortgages used in India.