Tata Capital may launch IPO in 2025, seek Jio Financial-like valuation: Report

September 19, 2023

As per the RBI guidelines, an ‘upper-layer’ NBFC must list within three years of being notified. On September 14, 2023, the Reserve Bank of India (RBI) classified both Tata Capital and parent Tata Sons Ltd among the 16 ‘upper tier’ NBFCs.

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Mcap of nine of top-10 most valued firms surges by Rs 2.34 lakh crore; Reliance biggest gainer

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