The scheduled commercial bank, also called scheduled bank, status allows Fino to enhance its banking position in the treasury and participation in liquidity adjustment facility (LAF) window as per the RBI. It also helps the bank strengthen its business proposition on liabilities generation, Fino said in a release.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/fino-payments-bank-says-inclusion-in-commercial-bank-list-to-boost-business-prospects/articleshow/81193980.cms
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