Definitions

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..... scheduled bank; (d) "investment" means as investment in the term deposit of a scheduled bank by an assessee in accordance with this scheme; (e) "scheduled bank" means the State Bank of India constituted under the State Bank of India Act, 1955 (23 of 1955), or a subsidiary bank as defined in the State Bank of India (Subsidiary Banks) Act, 1959 (38 of 1959), or a corresponding new bank constitute .....

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