Technical Assistance to Collateral Registry in India

completed

The project will partner with the Central Registry of Securitization Asset Reconstruction and Security Interest of India (CERSAI) to support the continued development of the Registry in India. Through the project, IFC will assist CERSAI in developing a sustainable business model and exploring the potential to expand their scope to include movable forms of collateral. Through its experience in several other countries, IFC will bring to bear international best practice in establishing and managing registries. The main areas of focus for the project will be: 1. Assisting in the business planning and strategy process, including articulation of a mission and vision for CERSAI; 2. Supporting engagement with relevant stakeholders; 3. Reviewing the legal and regulatory framework and making recommendations on how this can be strengthened to optimize the effectiveness of CERSAI