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Allow NBFCs to access UPI payments platform: FIDC urges Finmin

FIDC suggests allowing NBFCs in UPI network for 'Credit on UPI', boosting competition, improving services, and reducing costs.

Tata Group approaches RBI to seek regulatory waiver to avoid listing as NBFC: Report

The RBI circular dated October 22, 2021, directed that NBFC-UL should be mandatorily listed within 3 years of identification as NBFC-UL. The central bank classified Tata Sons as an “upper layer” NBFC in 2022.

Bajaj Finance arm Bajaj Housing Finance picks Kotak, Axis, BofA, JM Fin and SBI Caps for mega IPO

This move marks the Bajaj Group s return to the public market after many years. The Board will meet on April 24 to address listing requirements.

Bajaj Housing Finance board to meet on Apr 24 to discuss listing

Bajaj Finance arm Bajaj Housing Finance starts preparation for IPO targeting $9bn-$10bn valuation

On September 30, 2022, the RBI released a list of 16 NBFCs categorised as upper layer under the regulator s scale-based rules for non-bank lenders. These entities are required to be listed within three years of identification