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Yes to Shanghvi, no to Tata: Why RBI did not follow its precedent set in 2023

Monday, September 14, 2026 - 16:44
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Yes to Shanghvi, no to Tata: Why RBI did not follow its precedent set in 2023
Like Shanghvi Finance, Tata Sons too paid off all its borrowings and applied to surrender its NBFC licence but didn't get a reprieve on listing from the RBI.

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