RBI looks at Tata Sons plea to drop NBFC tag

Jan 17, 2025 - 05:00
RBI looks at Tata Sons plea to drop NBFC tag

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The RBI is evaluating Tata Sons' application for de-registration as an NBFC. Tata Sons aims to avoid listing by reducing its debt and declassifying as an NBFC-core investment company. RBI rules necessitate listing if it remains an upper-layer NBFC, requiring significant equity sales.

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