Tata Group seeks RBI waiver to avoid listing NBFC: Report

Tata Group has requested a waiver from the Reserve Bank of India to avoid listing its holding company and non-banking finance firm, Tata Sons, due to revised RBI regulations in October 2021. The conglomerate needs to list by September 2025 to comply with the regulation. Tata Sons is a systemically important investment company that heavily borrows from the banking system.
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