Section 21: Grants and contribution.

The National Bank for Financing Infrastructure and Development Act, 2021Central Act · Act 17 of 2021

(1) The Central Government may support the Institution through grants or contribution, as and when necessary, in the form of cash or marketable Government securities.

(2) Without prejudice to the generality of the foregoing, the Central Government shall, by the end of the first financial year from the establishment of Institution, grant or contribute an amount of five thousand crore rupees to the Institution in the form of cash or marketable Government securities.

Where this provision sits

Act	The National Bank for Financing Infrastructure and Development Act, 2021
Section	21
Marginal note	Grants and contribution.
Jurisdiction	Central
Status	In force as published by the source

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