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of <h1>Pradhan Mantri Garib Kalyan Deposit Scheme Amended: Clause 7 Allows Bond Ledger Applications at Non-Cooperative Banks.</h1> The Central Government has amended the Pradhan Mantri Garib Kalyan Deposit Scheme as per Notification No. S.O. 4061(E). The amendment involves a change to clause 7 of the scheme, which now specifies that applications for deposits in the form of Bonds Ledger Accounts can be received by any banking company, excluding Cooperative Banks, that falls under the Banking Regulation Act, 1949. This amendment is issued under the authority granted by the Finance Act, 2016.
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