To facilitate this, banks have been advised to assign Unique Customer Identity Numbers (UCIN). Database on credit information, centralized registry for recording security interests Central Registry of Securitisation, Asset Reconstruction and Security Interest (CERSAI), centralized know your customer registry, Central Repository of Information on Large Credits (CRILC), etc have been established or being built to share information among the bankers.
A Central Fraud Registry is also being planned. 22. Another initiative in this respect is the List of Wilful Defaulters. Fraudsters are included in this list. With this List in hand, the banks get not only cautioned about the fraudsters, they can also bring in certain deterrent action against them.