RBI files caveat after rejecting Tata Sons bid to avoid listing, source says
The Reserve Bank of India has initiated court proceedings to secure its involvement in the Tata Sons listing issue. This action follows the RBI’s denial of Tata Sons’ bid to withdraw its status as a non-banking financial company (NBFC). By filing a caveat in the Bombay High Court, the central bank aims to ensure it can contribute to discussions.
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