The Reserve Bank of India governor Sanjay Malhotra hinted at a possible update to the upper-layer NBFC list, a move that could influence Tata Sons' much-anticipated IPO plans.

The Reserve Bank of India governor Sanjay Malhotra hinted at a possible update to the upper-layer NBFC list, a move that could influence Tata Sons' much-anticipated IPO plans.

The Reserve Bank of India will soon release an updated list of upper-layer non-banking financial companies. This comes as Tata Sons has requested to be removed from this category.…