Ministry of Finance has clarified that the Co-operative Banks are not authorised to accept deposits under PM Garib Kalyan Deposit Scheme(PMGKDS) 2016.Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016 was notified vide Notification No. S.O.4061(E) dated December 16, 2016.According to the Ministry, Para 7 (1) of the notification stands amended as under:“7. Authorised...
