National Bank for Financing Infrastructure and Development General Amendment Rules 2025

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-30072025-265098 EXTRAORDINARY PART II—Section 3—Sub-section (i) PUBLISHED BY AUTHORITY No. 471] NEW DELHI, WEDNESDAY, JULY 30, 2025/SHRAVANA 8, 1947 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 30th July, 2025 G.S.R. 514(E)— In exercise of the powers conferred by section 31 of the National Bank for Financing Infrastructure and Development Act, 2021 (17 of 2021), the Central Government hereby makes the following rules further to amend the National Bank for Financing Infrastructure and Development General Rules, 2022, namely: - 1. (1) These rules may be called the National Bank for Financing Infrastructure and Development General (Amendment) Rules, 2025. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the National Bank for Financing Infrastructure and Development General Rules, 2022, after rule 9, the following shall be inserted, namely: - "10. Concessional rate of fees for Government Guarantee.— (1) The concessional rate of fees for Government guarantees applicable to the Institution shall be 0.1 per cent, for borrowings from multilateral institutions, sovereign wealth funds, and such other foreign institutions as may be specified, by notification, by the Central Government: Provided that the Central Government may reduce such concessional rate of fees for Government guarantee, in respect of borrowings to be availed by the Institution for the purposes mandated to the Institution by the Central Government, and the Institution shall submit a request to the Central Government including the details of the borrowings, the parties involved, and the intended use of the borrowed funds. (2) The guarantee fee shall be payable by the Institution at the time of securing the Government guarantee and thereafter every year, on the 1st of April. (3) The Government guarantee fees shall be subject to other conditions imposed by the Central Government." [F. No. 15/10/2021-IF-I-Part(2)] MANOJ MUTTATHIL AYYAPPAN, Jt. Secy. Note: The National Bank for Financing Infrastructure and Development General Rules, 2022 was published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (i) vide G.S.R. 51(E), dated the 28th January, 2022 and subsequently amended vide notification number G.S.R. 580(E), dated the 15th July, 2022. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054. GORAKHA NATH YADAVA