Section 23 — Hedging costs.
The National Bank for Financing Infrastructure and Development Act, 2021
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.Open in Lexace · Ask the AI about this section