{"id":258020,"date":"2021-12-02T12:30:08","date_gmt":"2021-12-02T07:00:08","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=258020"},"modified":"2021-12-02T11:21:36","modified_gmt":"2021-12-02T05:51:36","slug":"certain-provisions-of-national-bank-for-financing-infrastructure-and-development-act-2021-comes-into-from-nov-30-2021","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2021\/12\/02\/certain-provisions-of-national-bank-for-financing-infrastructure-and-development-act-2021-comes-into-from-nov-30-2021\/","title":{"rendered":"Certain provisions of National Bank for Financing Infrastructure and Development Act, 2021 comes into from Nov 30, 2021"},"content":{"rendered":"<p style=\"text-align: justify;\">The Ministry of Finance has notified November 30, 2021, as the date on which the provisions of section 15 and 24 of National Bank for Financing Infrastructure and Development Act, 2021 shall come into force. The sub-sections (1), (2), (4) and (5) of section 15 shall come into force from November 30, 2021.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\">Read more about <strong><em>National Bank for Financing Infrastructure and Development Act, 2021<\/em><\/strong>, <a href=\"https:\/\/www.scconline.com\/blog\/?p=246428\">HERE<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<h4><span style=\"color: #000080;\">*Tanvi Singh, Editorial Assistant has reported this brief.<\/span><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>The Ministry of Finance has notified November 30, 2021, as the date on which the provisions of section 15 and 24 of <\/p>\n","protected":false},"author":121,"featured_media":253447,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[],"class_list":["post-258020","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislationupdates","category-notifications"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Certain provisions of National Bank for Financing Infrastructure and Development Act, 2021 comes into from Nov 30, 2021 | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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It shall come into force from the date of its publication in the Official Gazette. 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During this Session a total of 20 Bills (17 in Lok Sabha and 03 in Rajya Sabha) were introduced. 18 Bills were passed by Lok Sabha and 19 Bills were passed\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/MicrosoftTeams-image-65.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/MicrosoftTeams-image-65.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/MicrosoftTeams-image-65.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/MicrosoftTeams-image-65.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/MicrosoftTeams-image-65.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":247398,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/04\/20\/banks-board-bureau-notified-as-the-bureau-for-recommending-candidates-under-national-bank-for-financing-infrastructure-and-development-act\/","url_meta":{"origin":258020,"position":2},"title":"Banks Board Bureau notified as the Bureau for recommending candidates under National Bank for Financing Infrastructure and Development Act","author":"Bhumika Indulia","date":"April 20, 2021","format":false,"excerpt":"The Central Government notifies Banks Board Bureau, an autonomous body of the Government of India, as the Bureau for the purpose of recommending candidates for appointment of Managing Director and Deputy Managing Directors under section 6(1) and for removal of a director under section 11 (1) (ii) of the National\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":246428,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/04\/02\/national-bank-for-financing-infrastructure-and-development-act-2021-receives-presidents-assent\/","url_meta":{"origin":258020,"position":3},"title":"National Bank For Financing Infrastructure And Development Act, 2021 receives President\u2019s assent","author":"Prachi Bhardwaj","date":"April 2, 2021","format":false,"excerpt":"The National Bank For Financing Infrastructure And Development Act, 2021 receives President\u2019s assent on March 28, 2021. The Act seeks to establish the National Bank for Financing Infrastructure and Development (NaBFID) to fund infrastructure projects in India. The salient features of the Act are discussed below. \u00a0 Establishing NaBFID: The\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/MicrosoftTeams-image-43.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/MicrosoftTeams-image-43.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/MicrosoftTeams-image-43.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/MicrosoftTeams-image-43.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/MicrosoftTeams-image-43.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":252905,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/08\/19\/administration-of-national-bank-for-financing-infrastructure-and-development-act-inserted-under-schedule-2-of-goi-allocation-of-business-rules-1961\/","url_meta":{"origin":258020,"position":4},"title":"Administration of National Bank for Financing Infrastructure and Development Act inserted under Schedule 2 of GoI (Allocation of Business) Rules, 1961","author":"Bhumika Indulia","date":"August 19, 2021","format":false,"excerpt":"The President makes Government of India (Allocation of Business) Three Hundred and Sixty-Third Amendment Rules, 2021 further to amend the Government of India (Allocation of Business) Rules, 1961. The amendment inserts 'Administration of the National Bank for Financing Infrastructure and Development Act, 2021 and related matters' as Entry 32 in\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/PARLIAMENT.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/PARLIAMENT.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/PARLIAMENT.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/PARLIAMENT.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/02\/PARLIAMENT.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":260916,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/01\/31\/national-bank-for-financing-infrastructure-and-development-general-rules-2022\/","url_meta":{"origin":258020,"position":5},"title":"National Bank for Financing Infrastructure and Development General Rules, 2022","author":"Bhumika Indulia","date":"January 31, 2022","format":false,"excerpt":"On January 28, 2022, the Central Government notifies National Bank for Financing Infrastructure and Development General Rules, 2022. Key points: Term of office of Chairperson and other directors: The Chairperson and the Managing Director, every Deputy Managing Director and every other director who is other than a director nominated by\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-182.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-182.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-182.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-182.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-182.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/258020","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/121"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=258020"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/258020\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/253447"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=258020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=258020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=258020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}