RBI Governor Sanjay Malhotra Says Upper Layer NBFCs Must List, Addresses Tata Sons Order
Audio narration · Coming soon
RBI Governor Sanjay Malhotra publicly clarified that upper layer non-banking financial companies (NBFCs) are required to list on stock exchanges. This statement comes after the Reserve Bank of India rejected Tata Sons' attempt to relinquish its non-bank lender status, dispelling doubts related to the September order.
Why this matters
PRISM scored this story 55/100 for interest.
Originally published by gnews