RBI Directive Followed as Tata Sons Secures Listing as Apar‑Layer NBFC

A few weeks after the Reserve Bank of India classified Tata Sons as an ‘Apar‑Layer Non‑Banking Financial Company’, the board’s approval satisfies the RBI’s requirement that the firm be listed within three years of the classification, which was issued in 2022. The listing clearance aligns the company with the regulator’s timeline and paves the way for a public offering.