SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%

Canara Bank: RLLR: 8 | 7.15% - 10%

ICICI Bank: RLLR: -- | 8.5% - 9.65%

Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%

Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%

Federal Bank: RLLR: -- | 8.75% - 10%

IndusInd Bank: RLLR: -- | 7.5% - 9.75%

Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%

Yes Bank: RLLR: -- | 7.4% - 10.54%

Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Location : Chennai

Fraudulent realtors from Chennai arrested for duping victims of 2.22 crore

30 Jun 2023

Three realtors from Chennai have been arrested by the Tirupur crime branch police for allegedly swindling two individuals out of 2.22 crore. The arrests were made based on a complaint filed by S Prakash, a realtor from Tirupur. The accused realtors had purportedly offered a plot of land for sale but provided incomplete documentation. The victims made the purchase and completed transactions totaling 1,22,79,000, along with a cash payment of 1 crore. The fraud was exposed when the genuine landowner presented legitimate documents.Read more

#Law & Policy#Chennai

Madras HC vacates interim injunction on Madurai land use for Tidel Park

20 Jun 2023

The Madras High Court has lifted a previous stay on the state government's plan to establish Tidel Park near the MGR Bus Stand in Madurai. The decision comes after a petition was filed by the traders' association seeking the implementation of a 2010 Government Order (GO) for a market. The court vacated the interim injunction, allowing the government's proposal for Tidel Park to proceed. The court has also requested a response from the agriculture departments regarding the 2010 GO. The decision paves the way for the realization of the business park in Madurai.Read more

#Law & Policy#Chennai