The Reserve Bank of India's directive compelling Tata Sons to list its shares is viewed as significant regulatory overreach. The article questions the RBI's jurisdiction and rationale, especially since Tata Sons is not a traditional financial entity and has cleared its debts. The author argues that forcing a company to go public violates market principles and isn't the sole solution for transparency or risk mitigation. Alternative strategies, like direct regulatory compliance or nominating a board director, are suggested. The piece asserts that RBI’s energies would be better spent addressing pressing financial sector risks such as digital fraud and unsecured retail credit, aligning with proportionate regulation.