Tata Sons must list as long as it remains upper-layer NBFC: RBI Governor

RBI Governor Sanjay Malhotra told the NDTV World Summit that Tata Sons must list publicly while it remains classified as an upper‑layer non‑banking financial company and core investment company, rejecting the firm’s request to surrender its CIC registration. The decision follows the RBI’s September 11, 2026 order and Tata Sons’ repayment of about Rs 21,813 crore in debt.

Source: Tata Sons must list as long as it remains upper-layer NBFC: RBI Governor — Times Now

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