RBI puts Tata Sons on Upper Layer list, de-registration plea under review
The Reserve Bank of India (RBI) classified Tata Sons Ltd as an upper layer non-banking financial company (NBFC-UL) on August 6, 2026. The RBI is reviewing Tata Sons' de-registration application, which, if approved, would allow the firm to avoid stock exchange listing. The outcome remains uncertain as the RBI continues its examination of the application.