RBI awaits Tata Sons' formal response on Upper Layer NBFC compliance

(0)
News

The Reserve Bank of India (RBI) is watching the developments unfolding at Tata Sons even as it awaits an official word from the company on the plans for compliance as an upper layer NBFC.

Leave a Reply Cancel reply

New FASTag local pass from 1 Nov: Costs, coverage, validity rules compared with Annual Pass; which one should you buy?
The new FASTag concessional local pass launches on 1 November for non-commercial vehicle owners living within 20 km of a toll plaza. Costing ₹1,500 or ₹3,000 annually, it differs from the ₹3,075 FASTag Annual Pass in coverage, eligibility and usage rules. 
Dearness Allowance hike October 2026: Ministry of Railways revises VDA rates for contract workers; check details
The Ministry of Railways has revised VDA rates for contract workers with effect from 1 October 2026. The Railway Board’s 28 October letter refers to the Labour Bureau’s 30 September order and directs principal employers to ensure that contractors comply with applicable labour laws.
Gold, silver prices today, 29 October: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata
Gold and silver prices today, 29 October: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
Need money urgently in financial crisis? PPF loan v personal loan - Check costs, interest rates and applicable rules
Need money urgently? Compare PPF loan vs personal loan interest rates, borrowing limits, eligibility and repayment rules in October 2026. Here are the PPF loan costs, personal loan EMIs and key conditions to choose a suitable borrowing option during a financial emergency.
Karwa Chauth 2026: Are banks open today? Check if SBI, HDFC, ICICI Bank and others are closed in your city on October 29
A local bank holiday for Karwa Chauth on October 29 affects public- and private-sector banks. Customers can use online and mobile banking, UPI, cards and ATMs. 
DA hiked to 63% for central government employees: Check monthly salary increase across 7th Pay Commission levels
The Union Cabinet has approved a 3% DA hike for central government employees, taking the rate to 63% effective from 1 July 2026. How much will monthly salaries increase across different pay levels? Check the revised DA calculations and what employees can expect.
DA hike from 60% to 63%: How central government employees can use extra salary to build savings and secure their future
The DA hike from 60% to 63% will increase monthly payments for central government employees in 2026. Employees can use the extra salary to build savings, invest through recurring deposits and mutual fund SIPs or increase their emergency corpus.
Co-payment: The illusion of cost control
The co-payment proposal raises concerns about all three sources of market failure: information asymmetry, market power, and externalities.
Investing in US stocks from India? How much can you invest and can you apply directly for IPOs? Complete guide here
Indian residents can invest in foreign stocks through the RBI’s Liberalised Remittance Scheme. Here's how much one can invest per year and whether Indians can directly apply for foreign IPOs. 
Mutual fund direct plans to become default on AMC apps from November 1; what investors need to know
SEBI will make direct mutual fund plans the default option on asset management companies’ digital platforms from November 1. Investors choosing regular plans must be informed about their higher expense ratios, chairman Tuhin Kanta Pandey said.

RBI awaits Tata Sons' formal response on Upper Layer NBFC compliance

Leave a Comment

Leave a Reply Cancel reply