Suspense ends! Tata Sons to go for public listing, directs RBI - Know how it will impact Shapoorji Pallonji group

The RBI has denied Tata Sons' request to voluntarily surrender its registration as an NBFC, requiring compliance with upper-layer regulations, including a share listing by September 2025. Tata Sons remains classified as an upper-layer NBFC due to asset size exceeding ₹1 lakh crore.