"The SFBs have been provided license with the objective to serve the under-served and marginalised sections of the society.preliminary analysis reveals SFBs to be leading in serving the priority sector," the paper by Nitin Kumar and Sarita Sharma said.
In October last year, the RBI had announced on tap targeted long term repo operations (TLTRO) scheme for banks. It had said to conduct on tap TLTRO with tenors of up to three years for a total amount of up to Rs one lakh crore at a floating rate linked to the policy repo rate. The scheme is available till March 31, 2021.