law: National Bank for Agriculture and Rural Development Act, 1981 
  30. Direct loans.- 
  The National Bank
  
  may, in exceptional circumstances to be recorded in writing by the Board, by
  
  itself or in association with other financial institutions or scheduled banks,
  
  make loans and advances, otherwise than by way of refinance to any person or
  
  class of persons or body corporate, on such terms and conditions, including
  
  security and repayable within such period not exceeding twenty-five years, as
  
  the National Bank may deem fit.