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Can Tata Sons stay unlisted? Here's what RBI Governor Sanjay Malhotra said
Tata Sons may face renewed pressure to list if the RBI classifies it as an upper-layer NBFC under revised principle-based norms. Governor Sanjay Malhotra said the new framework will simplify classification. With assets above the regulatory threshold, Tata Sons could be required to go public, reviving its long-running IPO debate.
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economictimes.indiatimes.com
RBI upper-layer NBFC list to come out soon
The Reserve Bank of India will soon release a list of upper-layer NBFCs. New principle-based regulations will classify these financial companies into different layers. Companies…
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thehindubusinessline.com
Tata Sons to continue as upper-layer NBFC
Tata Sons is expected to continue as an upper-layer Non-Banking Financial Company (NBFC-UL) under the Reserve Bank of India’s scale-based regulatory framework, with RBI Governor…
