ET Exclusive: RBI blocks Tata Sons' bid to stay private, forcing listing of Rs 2.01 lakh crore giant
- Posted on September 12, 2026
- By Business News Today
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- 1 min read
In brief
The Reserve Bank of India has rejected Tata Sons' request to deregister as a non-banking financial company, a landmark decision that could pave the way for the conglomerate's historic public listing. With assets exceeding one lakh crore rupees, Tata Sons now falls under the RBI's upper-layer NBFC classification, subjecting it to enhanced regulatory scrutiny for a minimum of five years. This regulatory intervention fundamentally alters the company's trajectory, potentially ending decades of private ownership.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
ET Exclusive: RBI blocks Tata Sons' bid to stay private, forcing listing of Rs 2.01 lakh crore giant
The Reserve Bank of India rejected Tata Sons' application to surrender its registration. This decision allows for the potential public listing of the conglomerate's holding company. Tata Sons must now comply with regulations for upper-layer NBFC entities. The central bank's framework classifies companies with assets over one lakh crore rupees. This ruling ensures Tata Sons remains under stricter regulatory oversight for at least five years.
