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Section 22: Concessional rate of Government guarantee.

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

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 multilateral institutions, sovereign wealth funds, and such other foreign institutions as may be prescribed.

Where this provision sits

ActThe National Bank for Financing Infrastructure and Development Act, 2021
Section22
Marginal noteConcessional rate of Government guarantee.
JurisdictionCentral
StatusIn force as published by the source

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