RBI Governor Malhotra Hints Tata Sons May Require Stock Exchange Listing

RBI Governor Sanjay Malhotra stated on Friday that upper-layer core investment companies like Tata Sons are required to list on stock exchanges under RBI norms.

The RBI recently rejected Tata Sons' proposal for deregistration as a core investment company due to systemic risks tied to public funds access.

Tata Sons directors decided to proceed with listing despite opposition from Tata Trusts chairman Noel Tata, while power struggles continue over corporate restructuring.