RBI looks at Tata Sons plea to drop NBFC tag

RBI looks at Tata Sons plea to drop NBFC tag post thumbnail image

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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