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Tata Sons Listing Plans Remain Unclear as RBI Moves to New NBFC Classification Framework
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Tata Sons Listing Plans Remain Unclear as RBI Moves to New NBFC Classification Framework

The future of a potential stock market listing for Tata Sons remains uncertain as the Reserve Bank of India (RBI) prepares to release a revised list of Non-Banking Financial Companies classified under its Upper Layer (NBFC-UL) category. The central bank has indicated that the updated classification system will follow a more principle-based approach, raising questions...