Bajaj Housing Finance to hop onto IPO bus? Company eyeing $10 billion in valuation
The move is line with the RBI directive for 'upper layer' NBFCs to list within three years of being notified.
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The move is line with the RBI directive for 'upper layer' NBFCs to list within three years of being notified.
The move will allow the company to comply with RBI's listing requirements for upper-layer NBFCs by September 2025
Tata Sons, led by chairman N Chandrasekaran, had explored the possibility of getting an exemption from the RBI, which first issued the list in September 2022. The RBI on Thursday again released the list of 15 NBFCs in the upper-layer category.
Tata Sons, the holding company of the Tata Group, may need to prepare for a stock market listing by September 2025 as it has been classified as an 'up