Tata Sons looks to shed its 'Upper Layer NBFC' tag

Under RBI guidelines, NBFC-ULs have to implement a board-approved policy for adopting the enhanced regulatory framework applicable to them and mandatorily list within three years of this. Tata Sons chairman N Chandrasekaran met RBI officials in this regard last week, said the people cited above.

from Banking/Finance-Industry-Economic Times https://ift.tt/tkH5Yaj