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of <h1>111 Central Bank of India Branches Authorized for PPF and Senior Citizens Savings Schemes Across Major Cities</h1> The Central Government has authorized 111 branches of the Central Bank of India to accept subscriptions for the Public Provident Fund Scheme, 1968, and the Senior Citizens Savings Scheme Rules, 2004, effective immediately. These branches are located across various cities including New Delhi, Mumbai, Goa, and others. The authorization is subject to conditions such as remitting funds to the Government Account at RBI, CAS, Nagpur within three days, with penalties for delays. Compliance with scheme rules is mandatory, and non-compliance may result in penalties or de-authorization, with the bank bearing any financial liabilities from non-compliance.
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