<h1>India's CERSAI: Preventing Loan Fraud with Central Registry for Securitization and Mortgages Since 2011.</h1> The Government of India established the Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) to prevent fraud in loan cases involving multiple lending on the same property. Operational since March 31, 2011, CERSAI allows registration of transactions related to securitization, financial asset reconstruction, and mortgages by deposit of title deeds. This registry, accessible to lenders and interested parties, aims to prevent frauds involving multiple loans against the same property and undisclosed security interests. Primary Urban Co-operative Banks are encouraged to register their equitable mortgages with CERSAI to access its extensive database.