CERSAI to maintain online database for information on deposit takers

Govt appoints CERSAI as the authority which shall create, maintain and operate an online database for information on deposit takers operating in India.

MINISTRY OF FINANCE
(Department of Financial Services)
NOTIFICATION
New Delhi, the 4th July, 2022

S.O. 3042(E).—In exercise of the powers conferred by sub-section (1) of section 9 of the Banning of Unregulated Deposit Schemes Act, 2019 (21 of 2019), the Central Government hereby designates, with immediate effect, the Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) as the authority which shall create, maintain and operate an online database for information on deposit takers operating in India.

[F. No. 6/8/2019-BO.II]
SUSHMA KINDO, Jt. Director