Investment of funds.

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..... co‑operative bank; or 1 [ (b) in any of the securities issued by the Central Government, State Government, Government Corporations, Government Companies, Authorities, Public Sector Undertakings or any other securities ensured by Government guarantees; ] ( c ) in the shares or securities of any other multi‑State co‑operative society or any co‑operative society; or ( d ) in t .....

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..... ation . For the purposes of clause ( e ), bank means any banking company as defined in clause ( c ) of section 5 of the Banking Regulation Act, 1949 (10 of 1949), and includes ( i ) the State Bank of India constituted under the State Bank of India Act, 1955 (23 of 1955); ( ii ) a subsidiary bank as defined in clause ( k ) of section 2 of the State Bank of India (Subsidiary Banks) Act, 1959 (38 of .....

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