MUMBAI (Reuters) - Indian conglomerate Tata Group has sought a waiver from the central bank in order to avoid listing its holding company and non-banking finance firm, Tata Sons, television channel ET Now reported, citing agencies, on Friday.
The Reserve Bank of India's (RBI) revised regulations in October 2021 require that large non-banking finance companies (NBFCs) list their shares within three years.
In order to adhere to this regulation, Tata Sons must be listed on or before September 2025.
(Reporting by Siddhi Nayak; Editing by Savio D'Souza)
