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

Section 41: Bankers’ Books of Evidence Act, 1891 to apply in relation to the Institution.
    The Bankers' Books Evidence Act, 1891 (18 of 1891), shall apply in relation to the Institution as if it were a bank as defined in section 2 of that Act.
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