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As per media reports, the RBI announced a list of 15 NBFCs with Tata Sons' name in the upper-layer category on 14 September, requiring more regulatory compliance, , sensex, nifty, ipo, trading, investment, tata sons
Foreign institutional investors (FII) bought shares worth Rs 294.69 crore, while domestic institutional investors (DII) sold Rs 50.80 crore worth of stocks on September 14, provisional data from the National Stock Exchange (NSE) showed.
The central bank recently removed Shanghvi Finance from the upper layer of NBFC list. What does it mean, what are NBFC layers, and what are scale-based regulations?
The list has LIC Housing Finance Limited on top, followed by Bajaj Finance Limited in second place, and Shriram Finance Limited (formerly Shriram Transport Finance Company Limited) in third, , nbfc, reserve bank of india, lic housing finance ltd, bajaj finance, shriram finance
These will now be subject to enhanced regulatory requirement