Section 42:
Section 34A and 36AD of the Banking Regulation Act, 1949 to apply to Institution.
The provisions of sections 34A and 36AD of the Banking Regulation Act, 1949 (10 of
1949) shall apply to the Institution.
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