Section 42
Section 34A and 36AD of the Banking Regulation Act, 1949 to apply to Institution.
The National Bank for Financing Infrastructure and Development Act, 2021
About this Act
An Act to establish the National Bank for Financing Infrastructure and Development to support the development of longterm non-recourse infrastructure financing in India including development of the bonds and derivatives markets necessary for infrastructure financing and to carry on the business of financing infrastructure and for matters connected therewith or incidental thereto.
The provisions of sections 34A and 36AD of the Banking Regulation Act, 1949 (10 of
1949) shall apply to the Institution.