Section 101(1) in The U.P. Kshettra Panchayats And Zila Panchayats Adhiniyam, 1961
(1)The Zila Nidhi or Kshettra Nidhi shall be kept in the Government treasury or sub-treasury or in the Bank to which the Government treasury business has been made over or with the previous sanction of State Government in one or more of the Scheduled Banks or Co-operative Banks specified by it in this behalf.