National Bank for Agriculture and Rural Development Act, 1981
43. National Rural
Credit (Stabilisation) Fund.-
1.
The
National Bank shall establish and maintain a Fund to be known as the National
Rural Credit (Stabilisation) Fund.
2.
The
Fund shall (in addition to assets and liabilities transferred under section 18)
include,->
a.
such
sums of money as the Central Government and the State Governments may
contribute from time to time;
b.
such
sums of money as the Reserve Bank may contribute every year; and
c.
such
further sums of money as the Board may contribute every year.
3.
The
amounts in the said Fund shall be applied by the National Bank only to provide
loans and advances under section 22.