Direct Answer
The Liquidity Coverage Ratio (LCR) applicability rules define which banking entities are systemically required to hold adequate High-Quality Liquid Assets (HQLA) to survive a 30-day stress scenario
The RBI mandates LCR compliance for all Scheduled Commercial Banks (SCBs), Small Finance Banks (SFBs), and non-deposit-taking systemic NBFCs. However, it explicitly excludes Regional Rural Banks (RRBs), Local Area Banks (LABs), and Payments Banks