SP Group’s Shapoor Mistry backs RBI decision on Tata Sons
Shapoor Mistry, Chairman of SP Group, endorsed the Reserve Bank of India’s rejection of Tata Sons’ deregistration application, emphasizing it paves the way for listing and public accountability. Mistry stated that the RBI's decision mandates compliance, clarifying the regulatory path for Tata Sons, which is classified as an Upper-Layer non-banking finance company.