One-line RBI tweak erases Tata Sons scope to bypass listing
The RBI’s revised NBFC rules have effectively blocked Tata Sons’ bid to exit regulatory oversight by expanding the definition of public funds and tightening overseas investment norms, leaving a mandatory public listing as its most likely option. MUMBAI: An update to RBI’s master directions as of July 1, 2026 has tightened rules for non-banking financial … Read more