Tata Sons looks to shed its 'Upper Layer NBFC' tag - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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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 Industry-Economic Times
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