section 22
Concessional rate of Government guarantee.
The National Bank for Financing Infrastructure and Development Act, 2021Finance202148 sections7 chapters
Chapter V GOVERNMENT GRANTS, GUARANTEES AND OTHER CONCESSIONS
Statutory text
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.
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