India, April 9 -- Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday announced that the monetary authority will be coming out with a new framework for non-bank lenders amid a lack of clarity over Tata Sons' listing issue.

"We are coming up with a new framework for the NBFCs. Very soon, we should," Malhotra told reporters at the customary post-policy review press conference. On a specific question on Tata Sons, Malhotra said the new framework will categorise non-banking finance companies. He, however, did not elaborate further on the matter, which has been tracked intensely because the RBI is likely to decide if Tata Sons, the holding company of the salts-to-software conglomerate, continues to be privately held or is forced...