The National Bank for Financing Infrastructure and Development Act, 2021 · V — GOVERNMENT GRANTS, GUARANTEES AND OTHER CONCESSIONS

Section 23. Hedging costs

In force · As amended up to 2026-08

23. Hedging costs. —Hedging costs in connection with any borrowing of foreign currency by the Institution for the purposes of granting loans and advances or its repayment, to insulate the Institution from any fluctuations in the rates of exchange, may be reimbursed by the Central Government in part or in full.

Source: India Code