CNBC-TV18 has learnt that the RBI has rejected Tata Sons’ application to surrender its NBFC registration, sources say. Tata Sons will now have to comply with upper-layer NBFC regulations, including the requirement to list on stock exchanges.
CNBC-TV18 has learnt that the RBI has rejected Tata Sons’ application to surrender its NBFC registration, sources say. Tata Sons will now have to comply with upper-layer NBFC regulations, including the requirement to list on stock exchanges.