Tata Sons to continue as upper-layer NBFC
· thehindubusinessline.com
Tata Sons is expected to continue as an upper-layer Non-Banking Financial Company (NBFC-UL) under the Reserve Bank of India’s scale-based regulatory framework, with RBI Governor Sanjay Malhotra indicating that the classification remains principle-based and will continue to be governed by prescribed criteria
Tata Sons is expected to continue as an upper-layer Non-Banking Financial Company (NBFC-UL) under the Reserve Bank of India’s scale-based regulatory framework...