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Source: Economic Times

Economic Times
Source
RBI & Policy
Category
4 min
Read time
06 Aug
Published
RBI & Policy
4 min read· Economic Times

RBI classifies Tata Sons as Upper-Layer NBFC under revised framework

The Reserve Bank of India has classified Tata Sons as an Upper Layer NBFC. This classification follows revised norms for financial companies with significant assets. Tata Sons now faces enhanced regulatory and supervisory scrutiny from the central bank. The company must also comply with listing requirements within thre…

The Reserve Bank of India has classified Tata Sons as an Upper Layer NBFC. This classification follows revised norms for financial companies with significant assets. Tata Sons now faces enhanced regulatory and supervisory scrutiny from the central bank. The company must also comply with listing requirements within thre

#RBI
Source: Economic Times