Hedging costs in connection with any borrowing of foreign currency by the Institution for the purposes of granting loans and advances or its repayment, to insulate the Institution from any fluctuations in the rates of exchange, may be reimbursed by the Central Government in part or in full.
Section 23: Hedging costs.
The National Bank for Financing Infrastructure and Development Act, 2021Central Act · Act 17 of 2021
Where this provision sits
| Act | The National Bank for Financing Infrastructure and Development Act, 2021 |
|---|---|
| Section | 23 |
| Marginal note | Hedging costs. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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