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

Uttar Pradesh cabinet approves land use conversion ordinance to simplify development approvals

27 Mar 2026

The Uttar Pradesh cabinet has approved a land use conversion ordinance aimed at simplifying the process of changing land classification for development purposes. The decision focuses on reducing procedural delays, improving coordination between departments, and making approvals more transparent. By streamlining application handling and limiting multiple layers of verification, the state intends to support faster execution of housing and infrastructure projects. The move is also aligned with earlier administrative efforts to digitize land records and improve ease of doing business across the state.Read more

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Bhubaneswar civic body halts construction at Nandan Vihar housing project following resident complaints and alleged regulatory violations

26 Mar 2026

The Bhubaneswar Municipal Corporation has issued a stop-construction order against a housing project in Nandan Vihar after residents flagged multiple violations, including unauthorised expansion and non-compliance with regulatory approvals. The action follows complaints by the residents welfare association regarding ongoing construction despite rejection of the project's expansion by the Odisha Real Estate Regulatory Authority earlier this year. Allegations include lack of mandatory permissions, failure to complete committed infrastructure, and breach of approved building norms. The civic authority has directed the developer to halt all work pending further examination, while deploying inspectors to ensure compliance. The case highlights increasing scrutiny of residential developments in Bhubaneswar amid rising disputes over adherence to planning and regulatory frameworks.Read more

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Ulhasnagar demolition contracts under scrutiny over alleged irregular payments for salvage-based work

26 Mar 2026

Demolition contracts awarded by the Ulhasnagar Municipal Corporation have come under scrutiny following allegations that contractors were paid crores of INR for work that typically generates revenue through salvaged materials. A corporator has raised concerns over possible irregularities in how payments were made during multiple demolition projects carried out over the past few years. The issue has prompted questions about contract structure, accounting of recovered materials, and overall expenditure. The civic body has been asked to clarify its payment methodology and is expected to submit detailed records for review.Read more

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Goa pollution board issues notice to Vasco residential project over untreated sewage discharge and compliance failures

26 Mar 2026

The Goa State Pollution Control Board has served a show-cause notice on the Prabhu Violetta Phase I residential complex in Vasco, Goa, citing discharge of untreated sewage and absence of mandatory operational consent. The project has been asked to explain within a week why environmental compensation amounting to INR 44.50 lakh and INR 12.50 lakh should not be imposed. The regulator has also directed the immediate cessation of sewage discharge and mandated interim arrangements for waste transport to a public treatment facility. The action follows repeated non-compliance, including earlier directions issued last year and complaints from local authorities regarding unhygienic discharge affecting surrounding areas.Read more

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Andhra Pradesh lays foundation for INR 1.36 lakh crore mega steel plant in Anakapalli

26 Mar 2026

Andhra Pradesh has taken a major step toward industrial growth with the foundation of a INR 1.36 lakh crore steel plant by ArcelorMittal Nippon Steel India in Anakapalli district. Planned in two phases with a total capacity of 17.8 million tonnes per annum, the project is expected to generate around one lakh jobs. A captive port and supporting infrastructure are also part of the plan. The state government sees this as a key move to strengthen its manufacturing base, improve logistics, and position Andhra Pradesh as a leading steel and industrial hub in India.Read more

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Sebi eases reporting norms for brokers, simplifies demat and bank account rules

26 Mar 2026

The Securities and Exchange Board of India (Sebi) has relaxed reporting requirements for stock brokers by removing the need to report demat accounts and easing bank account disclosure norms. The move is aimed at improving efficiency and reducing compliance burden. Brokers that are also banks or primary dealers will now report only relevant accounts linked to broking activities. Depositories will share demat account data with exchanges instead. While timelines and penalties remain, the revised framework is expected to streamline operations and support ease of doing business.Read more

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Kolkata Metro project faces delays as Supreme Court flags state-level hurdles

26 Mar 2026

The Supreme Court has criticised the West Bengal government for delaying work on the Kolkata Metro's Orange Line, particularly at the Chingrighata crossing. The court refused to accept the state's request to defer construction, stating that infrastructure projects cannot be stalled due to administrative or political reasons. It directed continued monitoring by the Calcutta High Court to ensure progress. The delay has been linked to traffic management concerns and lack of coordination. The corridor is important for connecting south Kolkata with Salt Lake Sector V, a key commercial and IT hub.Read more

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APCRDA receives ET GovTech Gold Award for digital urban planning platform in Amaravati

26 Mar 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) has been recognised with the ET GovTech Award 2026 (Gold) in New Delhi for its Integrated Digital Urban Planning & Governance Platform. The recognition highlights the authority's efforts in adopting advanced technologies such as digital twin systems and ICT tools to support efficient and transparent urban development in Amaravati. The acknowledgment was received during a recent award event and was also noted as a significant moment coinciding with Ugadi, reinforcing the broader vision of developing Amaravati as a technology-driven and well-planned capital region.Read more

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Delhi approves INR 3,700 crore payment to clear long-pending dues for eastern and western peripheral expressways

Delhi News Desk

26 Mar 2026

The Delhi government has approved the release of INR 3,700 crore towards its pending share of land acquisition costs for the Eastern and Western Peripheral Expressways, resolving a long-standing financial obligation linked to the projects. The cabinet-cleared proposal provides for phased payments, including an initial INR 500 crore in the current financial cycle, with the balance to be disbursed over subsequent years. The expressways, operational since 2018, form a 270-km ring corridor around the capital and are designed to divert non-destined heavy traffic away from Delhi. The decision is expected to improve coordination with central agencies, support infrastructure funding, and reinforce the role of these corridors in easing congestion and reducing vehicular pollution.Read more

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Delhi introduces QR-based feedback system on road projects to improve transparency and monitoring

Delhi News Desk

26 Mar 2026

The Delhi Public Works Department (PWD) has introduced a QR code-based system to enable citizens to access project details and provide feedback on road construction and maintenance works across the city. Display boards with QR and bar codes are being installed on roads undergoing strengthening and recarpeting, offering information such as project cost, contractor details, road length and defect liability period. The initiative mandates installation of boards within seven days of project completion at prominent locations. Citizens can also submit complaints and suggestions directly through the system. The move is aimed at improving transparency, accountability and public participation in infrastructure delivery, supported by a compliance framework requiring regular updates and monitoring.Read more

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