Tata Sons NBFC Registration Rejected by RBI | Important Current Affairs MCQ 2026

In this important Current Affairs MCQ, learn which institution rejected Tata Sons’ request to voluntarily surrender its NBFC registration. The answer is the Reserve Bank of India (RBI), which rejected Tata Sons’ application to surrender its Certificate of Registration as a Core Investment Company. Tata Sons had applied for deregistration in March 2024 after repaying more than ₹21,000 crore of debt. The RBI’s decision keeps Tata Sons under the regulatory framework applicable to Upper Layer NBFCs. This development is important for understanding India’s banking and financial regulatory system, NBFC regulations, Core Investment Companies (CICs), RBI rules and the ongoing Tata Sons regulatory issue. This question is highly useful for UPSC, SSC, Railway, Banking, Insurance, Defence, State PSC and other government competitive examinations. Revise this question along with other important national, international, economic, banking, business and financial current affairs for September 2026. Follow Current Affairs Studio for exam-oriented current affairs questions, answers, explanations and daily revision material.

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