Bare ActsThe National Bank for Financing Infrastructure and Development Act, 2021

Section 22

Concessional rate of Government guarantee.

Amendment status not verified — confirm the current text below against the official source.

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.

Section 22 – The National Bank for Financing Infrastructure and Development Act, 2021 | DailyLaw.ai