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National Bank for Agriculture and Rural Development Act, 1981


32. Issue of guarantees.-

The National Bank may guarantee, subject to such directions as may be issued by the Board, from time to time, deferred payments in connection with the purchase of capital goods or for any other purpose for giving effect to the provisions of this Act, due from any person of class of persons, whether incorporated or not.



National Bank for Agriculture and Rural Development Act, 1981 Back




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