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. The central bank is examining this request. The new list will be finalised shortly. This update is crucial for financial sector regulations.

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.…