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Once merger proposed by Tata Trusts takes place, TSPL will only have to inform RBI on shedding NBFC status: Expert

1 source · first seen 10:09 30 Sept · updated 10:09 30 Sept

The brief

Written from 1 report · check the source before you trade
  • After the proposed merger, TSPL would only need to inform RBI to shed its NBFC status
  • Tata Trusts says the structure restores direct business revenues alongside TSPL’s holding role
  • The proposed change concerns Tata Sons’ structure and could affect its exposure to listed Tata group companies

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Read the reports

1 report · earliest 10:09
Business LineOnce merger proposed by Tata Trusts takes place, TSPL will only have to inform RBI on shedding NBFC status: Expert10:09