RBI identifies 17 NBFCs in upper layer under revised framework; Tata Sons stays on list
The RBI clarified that Tata Sons' inclusion is subject to the outcome of its pending application for deregistration as an NBFC.
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The RBI clarified that Tata Sons' inclusion is subject to the outcome of its pending application for deregistration as an NBFC.
Succession planning is likely to remain an area that investors will watch over long term with Cult.fit IPO expected to be largely an OFS-driven liquidity event.
The surrender of the payments licenses comes even as Tata Digital says it is sharpening its focus on financial services.
Other Indian conglomerates also announced plans to develop data centres in India earlier this week.
Selected ventures under the program will be provided funding of up to Rs 2 crore.