Public Provident Fund authorisation: additional bank branches may receive subscriptions subject to prompt remittance and delay penalties. Central Government authorises 186 additional branches of Allahabad Bank to receive subscriptions under the Public Provident Fund Scheme, 1968, subject to conditions: remittances must be credited to the Government Account at the Reserve Bank of India, Central Account Section, Nagpur within three days; delayed remittances attract a penalty comprising the interest payable to the depositor plus an additional increment for delays within and beyond thirty days; compliance with PPF rules is mandatory and non observance may lead to penal action including de authorisation and pecuniary liabilities borne by the bank.