46 Sections of NBFID Act 2021 with effect from 19th day of April,2021

Last updated: 19 April 2021

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The Ministry of Finance has announced that 46 sections of the National Bank for Financing Infrastructure and Development Act, 2021, will come into force from April 19, 2021. This notification specifies the exact sections that are now active, enabling the implementation of the Act's provisions. These sections cover various aspects of the National Bank for Financing Infrastructure and Development.

MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 16th April, 2021 S.O. 1657(E). -In exercise of the powers conferred by sub-section (3) of section 1 of theNational Bank for Financing Infrastructure and Development Act, 2021(17 of 2021), the Central Government

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FAQ :

The specified sections of the NBFID Act 2021 came into effect on the 19th day of April, 2021.

The Ministry of Finance (Department of Financial Services) issued this notification.

A total of 46 sections of the NBFID Act 2021 are effective from April 19, 2021.

The reference number for this notification is F. No.15/10/2021-IF-I.

These sections were brought into force by exercising the powers conferred by sub-section (3) of section 1 of the National Bank for Financing Infrastructure and Development Act, 2021.