RBI demands undertaking from Tata Sons before granting exemption on stock listing
Highly-placed sources have told Moneycontrol that the RBI has asked Tata Sons to furnish an undertaking that after surrendering the NBFC - CIC or Core Investment Company licence, the company will not be involved in any transaction that involves engaging in financial services, whether directly or otherwise.
Highly-placed sources have told Moneycontrol that the RBI has asked Tata Sons to furnish an undertaking that after surrendering the NBFC - CIC or Core Investment Company licence, the company will not be involved in any transaction that involves engaging in financial services, whether directly or otherwise.
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