Tata seeks RBI nod to avoid listing NBFC – Banking & Finance News
The Tata group has sought a waiver from the Reserve Bank of India (RBI) to avoid listing its investment holding arm — Tata Sons — on the bourses. The group, in its request to the central bank, has said that Tata Sons does not fall under the upper-layer non-banking finance company (NBFC) norms and should …