India Today | Latest Stories · DistrictNews · 2026-09-13
RBI rejects Tata Sons' plea to stay private, tells conglomerate to go public
RBI rejects Tata Sons' plea to stay private, tells conglomerate to go public. Tata Sons had filed the application in March 2024, seeking to deregister as a non-banking financial company (NBFC) The rejection means Tata Sons will remain classified as an Upper Layer NBFC, a category subject to enhanced regulatory requirements, including mandatory listing on stock exchanges.
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