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Economy News

The Economic Times

Economy / The Economic Times

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Central database may be used for financial oversight, risk monitoring

India's government plans to expand Cersai's database for better financial risk monitoring. This initiative aligns with the phased rollout of the Central KYC Records Registry, CKYCRR 2.0. The expanded Cersai database will offer customer insights and aid in fraud prevention efforts. Financial institutions will use these insights to develop more targeted products for customers. These improvements aim to strengthen oversight and streamline KYC processes across the sector.

15 Sep 2026 12:45 am