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

Maharashtra suspends 15 revenue officials in crackdown on alleged land record manipulation

15 Jul 2026

• The Maharashtra government has suspended 15 Revenue Department officials, including deputy collectors and tehsildars, over alleged irregularities in land record modifications.
• The action follows an official inquiry that identified suspected misuse of legal provisions governing corrections to land records.
• Authorities have ordered departmental proceedings and directed a broader review of similar cases across the state to detect potential irregularities.
• The government has also indicated that amendments to the Maharashtra Land Revenue Code will be considered to strengthen safeguards against future misuse.
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ED attaches assets worth INR 1,021 crore in Reliance Anil Ambani Group probe

15 Jul 2026

• The Enforcement Directorate (ED) has provisionally attached assets worth INR 1,021 crore as part of its money laundering investigation involving the Reliance Anil Ambani Group.
• The attached properties include land parcels, buildings and other immovable assets allegedly linked to entities under investigation.
• The agency's action follows allegations of financial irregularities and diversion of funds connected to loans obtained from financial institutions.
• The provisional attachment has been carried out under the Prevention of Money Laundering Act (PMLA), with the investigation continuing into the alleged transactions and beneficiary entities.
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Washim court orders attachment of NHAI toll plaza over unpaid land compensation

15 Jul 2026

• A district court in Maharashtra's Washim has ordered the attachment of an NHAI-operated toll plaza after compensation awarded to landowners in an acquisition case remained unpaid.
• The order follows the National Highways Authority of India's alleged failure to comply with revised compensation directions issued by the competent authority.
• The attachment is intended to facilitate recovery of pending dues owed to affected landowners whose property was acquired for a national highway project.
• The case is being viewed as a significant development in the enforcement of land acquisition compensation orders against public infrastructure agencies.
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West Bengal unveils direct land purchase policy to accelerate industrial investments

15 Jul 2026

• The West Bengal government has announced a direct land purchase policy under which it will purchase land directly from willing owners and transfer it to industries, replacing the contentious land acquisition model that triggered disputes in Singur and Nandigram.
• The policy will be accompanied by a single-window clearance mechanism for investment proposals of INR 100 crore and above, aimed at simplifying project approvals and improving the state's ease of doing business.
• The government said the initiative seeks to create a transparent and consent-based framework for industrial land procurement while balancing the interests of landowners and investors.
• Industry associations have welcomed the move, stating that the policy could remove a long-standing hurdle to industrial development and strengthen investor confidence in West Bengal's manufacturing ecosystem.
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Dharavi panel recommends removal and relocation of religious structures to facilitate redevelopment

Mumbai News Desk

15 Jul 2026

• A Maharashtra government-appointed committee has submitted an interim report recommending the removal of eight religious structures and the relocation or consolidation of three others in Dharavi Sector 1 as part of the Dharavi Redevelopment Project.
• The recommendations are based on the Supreme Court's September 29, 2009 cut-off date for unauthorised religious structures on public land, with post-cut-off structures proposed for removal.
• The committee has identified 590 religious structures across the redevelopment area and has begun a phase-wise review, having conducted 149 hearings involving trusts, community representatives and government officials.
• The report marks an important step in resolving land-use issues for the Dharavi Redevelopment Project while attempting to balance legal requirements, redevelopment objectives and religious sensitivities.
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Gadkari says Gujarat's land acquisition model could serve as a template for the country

15 Jul 2026

• Union Road Transport and Highways Minister Nitin Gadkari has said Gujarat's approach to land acquisition could serve as a model for other states undertaking infrastructure projects.
• He credited the state's administrative mechanisms for helping expedite highway development while reducing disputes during land acquisition.
• Gujarat has introduced measures to curb speculative land transactions along proposed highway alignments during the planning stage.
• The minister also reviewed ongoing national highway projects and urged the state to continue accelerating infrastructure development.
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Delhi targets December deadline to clear Okhla and Bhalswa landfill sites

15 Jul 2026

The Municipal Corporation of Delhi (MCD) has reaffirmed that the remediation of the Okhla and Bhalswa landfill sites remains on schedule for completion by December 2026, while the Ghazipur landfill is targeted for full clearance by December 2027. Delhi Mayor Pravesh Wahi recently reviewed the progress with Union Home Minister Amit Shah, highlighting advances in biomining, waste processing and land reclamation. The civic body has already reclaimed large portions of the Okhla and Bhalswa sites and plans to convert the recovered land into green spaces and public-use areas once the remediation work is completed.Read more

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Heavy rain disrupts Uttarakhand road network as 120 routes remain closed

14 Jul 2026

Heavy rainfall has disrupted road connectivity across Uttarakhand, with 120 roads, including three National Highways, remaining closed due to landslides triggered by the ongoing monsoon. Rescue teams evacuated around 100 stranded pilgrims along the Yamunotri National Highway after a section of the road was washed away. Restoration work is underway across affected corridors, although continuous rainfall has slowed operations. State authorities are constructing temporary diversions and bridges where required while maintaining emergency response measures as adverse weather continues to affect transport infrastructure and pilgrimage routes across the Himalayan state.Read more

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BMC panel clears proposal to regularise OC-less buildings, offering relief to Tardeo residents

Mumbai News Desk

14 Jul 2026

• A Brihanmumbai Municipal Corporation (BMC) committee has approved a proposal to regularise certain residential buildings in Tardeo that have remained without Occupation Certificates (OCs) due to technical and procedural lapses.
• The proposal is expected to benefit residents who have been living in completed buildings for years but have faced difficulties in obtaining civic services, carrying out property transactions and securing financial approvals because of the absence of OCs.
• The measure forms part of Maharashtra's broader initiative to provide a legal pathway for eligible OC-less buildings while holding developers accountable for construction-related violations.
• The proposal will now move through the remaining approval process before implementation, after which eligible housing societies will be able to apply for regularisation under the prescribed framework.
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Supreme Court warns civic bodies over unauthorised buildings after Delhi and Lucknow fire incidents

14 Jul 2026

The Supreme Court has expressed serious concern over unauthorised constructions in Delhi-NCR and recent fatal fire incidents in Delhi and Lucknow, directing civic authorities to ensure strict compliance with its earlier orders. During a hearing held earlier this week, the court warned that senior officials of municipal bodies could face personal consequences and contempt proceedings if they failed to act against illegal structures. The bench also ordered immediate action in vulnerable areas, appointed a committee comprising IIT professors and Municipal Corporation of Delhi (MCD) officials to conduct ground surveys, and sought accountability from Gurugram civic authorities over reports of widespread non-compliance with fire safety norms.Read more

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