Section 22:
Concessional rate of Government guarantee.
The Government shall prescribe a concessional
rate of fees, not exceeding 0.1 per cent. at which Government guarantee may be extended to the
Institution for borrowings from mu
17/2021 - The National Bank for Financing Infrastructure and Development Act, 2021 ▶
Act Number: 17
Act Name: The National Bank for Financing Infrastructure and Development Act, 2021
Year: 2021
Enactment Date: 2021-03-28
Long Title: 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.
Ministry: Ministry of Finance
Department: Department of Financial Services