Insist on Tata Sons’ time-bound listing: InGovern tells RBI
InGovern urged India’s RBI to require Tata Sons to move to a listed structure within a set timeline and comply with Core Investment Company (CIC) rules, saying Tata Sons is the only non-compliant CIC. The RBI has not decided on Tata Sons’ deregistration application but has signaled large CICs should be listed. InGovern linked listing to “systemic transparency” given Tata’s scale.