Central KYC Records Registry (CKYCRR) in July 2016. Confidential. Key Milestones. The Group proposed setting up of CKYCR and the Operating framework. Ministry of Finance. entrusted the task of Central KYC Registry to. CERSAI.

CERSAI is India’s main online security interest registry company. It was primarily designed to prevent lending against equitable mortgage fraud, in which people took multiple loans on the same asset from different banks. The company was formed with a majority shareholding of 51% from the Central Government, Public Sector Banks, and the.