RBI sets Rs 1 lakh crore asset size for classifying NBFCs in the Upper Layer, impacting Tata Sons' potential listing.

The Reserve Bank of India has boosted lending limits for top infrastructure finance firms, allowing them to extend up to 45% of their capital to connected borrowers, a significant…

RBI sets Rs 1 lakh crore asset size for classifying NBFCs in the Upper Layer, impacting Tata Sons' potential listing.

India's central bank has redefined systemically important NBFCs, setting a new asset threshold of ₹1 lakh crore for upper-layer companies. This move, rejecting industry calls for…