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Section 8 - National Bank for Financing Infrastructure and Development Act, 2021
8. Delegation of powers.-
The Board may, by general or special order, delegate to any director or committee constituted under this Act or to any officer or other employee of the Institution, subject to such conditions and limitations, if any, as may be specified in the order, such of its powers and functions under this Act as it may deem necessary.
Related Sections
- Section 4: Purposes and objectives of Institution
- Section 30: Officers and employees
- Section 41: Bankers' Books of Evidence Act, 1891 to apply in relation to the Institution
- Section 9: Term of office and other terms and conditions of service of Chairperson and other directors of Board
- Section 42: Section 34A and 36AD of the Banking Regulation Act, 1949 to apply to Institution
Related Acts
* Only for reference.