The National Bank for Financing Infrastructure and Development Act, 2021


Act ID: 202117
Act Number: 17
Enactment Date: 2021-03-28
Act Year: 2021
Short Title: The National Bank for Financing Infrastructure and Development Act, 2021
Long Title: An Act to establish the National Bank for Financing Infrastructure and Development to support the development of longterm non-recourse infrastructure financing in India including development of the bonds and derivatives markets necessary for infrastructure financing and to carry on the business of financing infrastructure and for matters connected therewith or incidental thereto.
Ministry: Ministry of Finance
Department: Department of Financial Services
Enforcement Date: 19th April, 2021- Sections 2, sub-sections (1), (2) and (4) of section 3, 4 to 14, sub-section (3) of section 15, 16 to 23 and 25 to 48 vide notification No. S.O. 1657(E), dated 16th April, 2021, see Gazette of India, Extraordinary, Part II, sec. 3 (ii).

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