Section 22. Concessional rate of Government guarantee
Review the original statutory text or switch to the plain-language version.
Related sections and acts remain accessible without interrupting your research flow.
Act
National Bank for Financing Infrastructure and Development Act, 2021
Section number
22
Section reader
22. Concessional rate of Government guarantee.-
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.
