Economy
RBI files caveat in Bombay High Court regarding Tata Sons listing

RBI files caveat in Bombay High Court regarding Tata Sons listing

The Hindu54m
THE BRIEF
1

The Reserve Bank of India preemptively filed a caveat in the Bombay High Court to ensure it is heard in any legal proceedings concerning the stock market listing of Tata Sons.

2

The legal step follows the central bank's decision to reject Tata Sons' application to deregister as a non-banking financial company, pushing the holding company closer to a public listing.

3

Under RBI rules, core investment companies with assets exceeding ₹1 trillion or access to public funds must list, with Tata Sons reporting standalone assets of ₹1.75 trillion as of March 2025.