March 12, 2024

Understanding RBI’s New Norms: Implications for Tata Sons’ Mega IPO

The Reserve Bank of India (RBI) has introduced new norms that may force Tata Sons, the holding company of the Tata Group, to consider a mega Initial Public Offering (IPO) to comply with the regulations. The central bank has recently tightened the rules for non-banking financial companies (NBFCs) and other financial institutions that have large…

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Rakesh Wynswell