Mumbai, Aug. 7 -- The Reserve Bank of India (RBI) on Thursday retained Tata Sons Pvt. Ltd in the upper layer of non-banking financial companies (NBFCs-UL) for FY27, leaving the Tata Group holding company subject to enhanced regulatory requirements while the central bank decides on the company's application to surrender its core investment company (CIC) registration. A media release by the RBI showed that Tata Sons continues to feature as a CIC. The statement clarified that the company's inclusion is without prejudice to the outcome of its deregistration application, which remains under examination, same as what it had said in the last list in January 2025. The decision means that Tata Sons' ability to avoid the proposed listing will depend ...