law: National Bank for Agriculture and Rural Development Act, 1981 
  23. Rescheduling of
  
  loans to artisans, small-scale industries, etc.- 
  Where the National
  
  Bank is satisfied that owing to unforeseen circumstances the rescheduling of
  
  any loans and advances made to artisans, small-scale industries, industries in
  
  the tiny and decentralised sector, village and cottage industries and those engaged
  
  in the field of handicrafts and other rural crafts, by any State co- operative
  
  bank, regional rural bank or any such financial institution or any financial
  
  institution falling under such class of financial institutions as may be
  
  approved by the Reserve Bank in this behalf, has become necessary, it may
  
  provide to such bank or institution such financial assistance as it may deem
  
  fit by way of loans and advances repayable on the expiry of fixed periods not
  
  being less than eighteen months and not exceeding seven years against such
  
  securities as may be specified in this behalf by the National Bank:
  Provided that no loan
  
  or advance shall be made under this section to a State co-operative bank unless
  
  such loan or advance is fully guaranteed as to the repayment of the principal
  
  and payment of interest, by the State Government but such guarantee may be
  
  waived by the National Bank if other security to the satisfaction of the
  
  National Bank is furnished, or if, for reasons to be recorded by it in writing,
  
  the National Bank is satisfied that the guarantee or other security is not
  
  necessary.