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%

Law & Policy

Delhi clears INR 802 crore plan to redevelop 400 km of roads across 45 constituencies

Delhi News Desk

23 Feb 2026

The Delhi government has approved an INR 802.18 crore plan to redevelop nearly 400 km of roads across 45 Assembly constituencies. Around 241 major road stretches will be upgraded under a wall-to-wall carpeting model that focuses on full-width resurfacing instead of patch repairs. Of the total outlay, INR 643.36 crore will be funded through the Central Road Infrastructure Fund, while INR 158.82 crore will be borne by the Delhi government. The works are scheduled to be completed by the end of 2026 to improve durability, drainage and road safety.Read more

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Gurugram sets up dedicated road development cell to monitor projects and resolve complaints

Gurugram News Desk

23 Feb 2026

The Municipal Corporation of Gurugram (MCG) has formed a Road Development Cell (RDC) to strengthen supervision of road projects and improve grievance redressal. The cell will monitor all road works costing INR 25 lakh and above, review timelines and quality, and track financial progress. Headed by Municipal Commissioner Pradeep Dahiya, it includes senior officials and engineers. The RDC will also consolidate complaints received through various civic platforms and coordinate with agencies such as GMDA, HSVP and PWD to reduce delays and improve accountability.Read more

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Centre reduces NHAI highway monetisation allocation to INR 12,357 crore from INR 15,000 crore

23 Feb 2026

The central government has allocated INR 12,357 crore to the National Highways Authority of India (NHAI) for highway monetisation in the current financial year, lower than the earlier budgeted and revised estimate of INR 15,000 crore. The authority has identified 24 highway stretches covering around 1,472 km for monetisation through models such as Toll-Operate-Transfer (TOT), Infrastructure Investment Trusts (InvITs), and securitisation. The reduction comes even as the ministry had set a higher internal target for asset monetisation, reflecting a calibrated approach to infrastructure funding and private participation.Read more

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Median openings planned every 2–2.5 km on Bhor Ghat stretch to improve emergency response

23 Feb 2026

Authorities have decided to introduce additional median openings at intervals of 2 to 2.5 km along the 14-km Bhor Ghat section of the Pune-Mumbai Expressway after a tanker carrying highly flammable propylene gas overturned near the Adoshi Tunnel in the Khandala area earlier this week. The accident led to traffic disruption for over 32 hours. The Maharashtra State Road Development Corporation (MSRDC) and highway police have also proposed widening existing openings and appointing technical experts to manage hazardous material emergencies more efficiently.Read more

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Karnataka High Court orders physical inspection of PG accommodations for regulatory compliance

22 Feb 2026

The Karnataka High Court has directed civic authorities to conduct physical inspections of paying guest accommodations in Bengaluru to verify compliance with licensing, safety and hygiene norms. The order came while hearing petitions filed by PG operators challenging notices issued by the Bruhat Bengaluru Mahanagara Palike under the BBMP Act, 2020. The court noted that compliance claims need on-ground verification and asked officials to inspect each property for adherence to building approvals, zoning rules and trade licence conditions. The inspection findings will guide further judicial consideration.Read more

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Vizag MP seeks central support for structured redevelopment of RK Beach

Visakhapatnam News Desk

22 Feb 2026

Visakhapatnam MP M. Sribharat has sought central government support for a large-scale and planned redevelopment of Ramakrishna Beach, citing long-pending infrastructure and safety concerns. In his representation to the Union Tourism and Culture Ministry, he flagged traffic congestion, limited pedestrian access, weak drainage and damage to existing coastal structures. The proposal calls for a unified master plan covering public amenities, mobility, shoreline protection and parking. The Centre has acknowledged the submission and is expected to examine the proposal further.Read more

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Allocation of RAY housing complex apartments in Kochi set to be delayed further

22 Feb 2026

The allocation of apartments in the Rajiv Awas Yojana (RAY) housing complex in Kochi is expected to be delayed again as procedural requirements remain incomplete and supporting infrastructure works are yet to be finished. Local civic authorities have indicated that a trial run of the sewage treatment plant at the project site is now scheduled for later next month and that only a fraction of the identified beneficiaries have submitted all required documentation. Of the families on the entitlement list, only those who have completed paperwork and paid their share will be considered for allotment, with contributions and rental income from ground-floor commercial units slated to support ongoing maintenance. Council discussions also touched on other civic issues, including office reconstructions and service charges, as well as concerns over water shortages affecting the city. The developments highlight challenges in moving the multi-year housing scheme towards final beneficiary handover.Read more

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Residents in Bhubaneswar demand action against developer for road and area encroachment

22 Feb 2026

Residents of Bhubaneswar's GGP Colony have raised complaints that a developer is encroaching on a common road and parts of the residential complex for a new construction project. Heavy vehicles and unauthorised commercial use of common areas have reduced parking and disrupted daily life. Despite inspection reports and favourable orders from ORERA and an ODA court, residents say authorities have not acted on the ground. Their letters to the state housing department were forwarded to civic agencies, but enforcement remains slow, highlighting the need for stricter monitoring of encroachments in the city.Read more

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NMMC demolishes illegal commercial shed in Turbhe sector 19C

22 Feb 2026

Navi Mumbai Municipal Corporation (NMMC) has intensified its action against unauthorised constructions by demolishing an illegal commercial shed in the Turbhe division. The operation was conducted under the directives of Municipal Commissioner Dr Kailas Shinde and supervised by senior civic officials from the Encroachment Department. The structure, erected at Unit No. 3, Plot No. 6, Sector 19C, Turbhe, was reportedly being used for commercial purposes despite the issuance of a statutory notice under the Maharashtra Regional and Town Planning Act, 1966. Following non-compliance, the Corporation carried out a demolition drive with police protection and technical equipment. Officials have stated that similar enforcement actions will continue to ensure planned urban development and compliance with municipal regulations.Read more

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Navi Mumbai Municipal Corporation ranked first in Maharashtra for E-Governance

22 Feb 2026

Navi Mumbai Municipal Corporation (NMMC) has secured first place in Maharashtra in the City E-Governance Index (CEGI) 2026, marking a significant milestone in digital public administration. The rankings were released by Policy Research Organisation (PRO), Pune, following a comprehensive assessment of 29 municipal corporations across the state. The evaluation focused on service availability, administrative transparency and digital accessibility. NMMC achieved a score of 9.11, placing it ahead of Pune Municipal Corporation, which ranked second. The recognition reflects the Corporation's sustained investment in online civic services, e-office implementation, ERP integration and Smart City technologies, reinforcing its commitment to citizen-centric and technology-driven governance.Read more

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