#nbfcs
RBI grants Core Investment Company registration to Indiabulls
A Core Investment Company is a type of NBFC that primarily holds investments in, and provides funding to, companies within its own group rather than carrying out conventional lending or other financial businesses
Tata Investment, Tata Chemicals rally up to 7% after RBI classifies Tata Sons as upper-layer NBFC
Tata Investment Corp and Tata Chemicals shares rallied up to 7% after the RBI classified Tata Sons among the 16 upper-layer NBFCs, reviving focus on the holding company's potential listing. The central bank is also examining Tata Sons' application to surrende…