Section 101(2) in The U.P. Kshettra Panchayats And Zila Panchayats Adhiniyam, 1961
(2)In places where there is no such treasury or Bank, the Zila Nidhi or the Kshettra Nidhi may be kept with a Banker, or person acting as a Banker who has given security for the safe custody and repayment on demand of the fund so kept as the State Government may in each case think sufficient.
