BusinessPhoto: NDTVRBI Governor Clarifies Listing Rules for Tata Sons and Large NBFCs
The RBI Governor reiterated that large non-banking financial companies (NBFCs) and core investment companies (CICs) like Tata Sons, which leverage group balance sheets, are required to register and list as per RBI regulations. This clarification came amid intensified focus on Tata Sons' listing, dispelling doubts about the September order mandating listing for upper layer NBFCs.
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