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CERSAI's was created to maintain a central registry of mortgages, where it contains the mortgage taken on a property along with certain details. CERSAI's mandate was extended in 2012 to start registration of security interests created through assignment of accounts receivables or factoring , through the passage of the Factoring Act, 2012.
From November 12, 2013, the requirement of submitting information to CERSAI has been extended to all institutions and banks that are not covered by SARFAESI Act, 2002. The information to be submitted in respect of all the Equitable Mortgages created in favor of the institution on and from 31.03.2011.
The Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002 (also known as the SARFAESI Act) is an Indian law.It allows banks and other financial institutions to auction residential or commercial properties of defaulters to recover loans. [1]
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The Shamrao Vithal Co-op. Bank Ltd. (SVC Bank) known as SVC Cooperative Bank Limited, is a scheduled bank in India that was established in 1906, being registered as a Co-operative Credit Society on 27 December 1906.
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The equity shares of Bandhan Bank are listed on BSE and the NSE. [16] [17] [18]Bandhan Bank is an associate of Bandhan Financial Holdings Limited (BFHL) [19] which holds a 39.99% stake in the bank as on December 31, 2021.
CHKT (1430 kHz) is a commercial AM radio station in Toronto, Ontario, Canada.The station, owned by the Fairchild Group service, airs mainly Cantonese and Mandarin Chinese programs as well as weekend shows in the following languages: Cambodian, Filipino, German, Hindi, Hungarian, Italian, Korean, Lao, Macedonian, Polish, Punjabi, Russian, Thai and Vietnamese.