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

CBI files first chargesheet in RHFL bank fraud case involving alleged INR 3,526 crore loss

14 Jul 2026

The Central Bureau of Investigation (CBI) has filed its first chargesheet in connection with the alleged diversion of funds by Reliance Home Finance Limited (RHFL), resulting in losses of more than INR 3,526 crore to a consortium of 10 public sector banks. The chargesheet, filed before a special court in Mumbai, names RHFL and three former senior executives on charges of criminal conspiracy and cheating. The agency alleged that borrowed funds were diverted through intermediary entities to companies within the Reliance ADA Group in violation of lending conditions. The investigation remains ongoing, with the CBI indicating that supplementary chargesheets may be filed after examining the role of additional individuals and entities.Read more

cover photo

Four West Bengal residents return home after year-long legal battle over wrongful deportation

14 Jul 2026

Four residents of West Bengal's Birbhum district have returned to India after spending more than a year in Bangladesh following their alleged wrongful deportation by Delhi Police in 2025. Their return comes after sustained legal intervention and directions from the Supreme Court, which led to verification by Bangladeshi authorities confirming their Indian citizenship. The case has raised fresh concerns over citizenship verification procedures, due process in deportation cases and the need for stronger safeguards to prevent wrongful cross-border expulsions.Read more

cover photo

Goa launches financial assistance scheme to help Scheduled Tribes regularise homes

14 Jul 2026

• The Goa government has launched the Mukhya Mantri Janjatiya Mhaje Ghar Yojana to provide financial assistance to Scheduled Tribe (ST) families for purchasing or regularising dwelling houses and land under the existing Mhaje Ghar Yojana.
• Eligible ST beneficiaries with an annual family income of up to INR 5 lakh can receive reimbursement of up to INR 1 lakh, with 100% assistance for pre-1972 properties and 50% assistance for post-1972 properties.
• Applicants must have already obtained purchase or regularisation approval under specified provisions of the Goa land laws and submit supporting documents, including payment receipts, income and ST certificates, house tax receipts and bank details, to claim the benefit.
• The scheme will be implemented for an initial two-year period, with benefits disbursed through direct benefit transfer (DBT) after approval by the Director of Tribal Welfare and oversight by a monitoring committee.
Read more

cover photo

Maharashtra panel to prepare rehabilitation framework for slums on mangrove land

14 Jul 2026

• The Maharashtra government has constituted a committee to formulate a rehabilitation plan for eligible slum residents living on mangrove land and other environmentally sensitive areas across the state.
• The panel will undertake surveys, identify eligible beneficiaries and prepare a comprehensive rehabilitation strategy within a stipulated timeframe.
• Families that cannot be rehabilitated at their existing locations will be considered for resettlement through government housing agencies such as MHADA, CIDCO and the Slum Rehabilitation Authority (SRA).
• The initiative seeks to balance environmental conservation with rehabilitation of eligible occupants while enabling the restoration and protection of mangrove ecosystems.
Read more

cover photo

Ahmedabad civic body suspends temporary leasing of municipal plots amid irregularity concerns

Ahmedabad News Desk

14 Jul 2026

• The Ahmedabad Municipal Corporation (AMC) has suspended the temporary leasing of its plots following allegations of irregularities in the allotment process.
• The decision comes after concerns were raised over the manner in which municipal land was being leased, prompting the civic body to review existing procedures and examine past allotments.
• AMC has halted new temporary lease approvals until a comprehensive review is completed, with officials expected to introduce stricter norms to improve transparency and accountability.
• The move is expected to temporarily delay the use of several municipal land parcels while the civic body reassesses its land management and leasing framework to ensure compliance with administrative procedures.
Read more

cover photo

Pune court cancels sale deed in controversial Mundhwa land case

14 Jul 2026

• A civil court in Pune has ordered the cancellation of a sale deed executed in the controversial Mundhwa land transaction involving Amadea Enterprises LLP, a firm in which NCP MP Parth Pawar is a partner.
• The order was passed by Joint Civil Judge N R Gajbhiye in a civil suit filed by Sheetal Tejwani, acting as the power-of-attorney holder of the original landowners.
• Tejwani, who is also an accused in the ongoing criminal investigation related to the land deal, sought cancellation of the sale deed, contending that the transaction was invalid.
• The civil court's decision pertains to the validity of the sale deed and is separate from the criminal proceedings, which continue to be investigated by the authorities.
Read more

cover photo

Supreme Court says bank mergers do not exempt tenants from eviction under Delhi Rent Control Act

14 Jul 2026

The Supreme Court has ruled that the amalgamation of one bank with another does not exempt the successor bank from eviction under the Delhi Rent Control Act if the landlord's written consent for transfer of possession was not obtained. In a judgment delivered earlier this week, the court directed Punjab National Bank (PNB) to hand over vacant possession of commercial premises at Connaught Circus, New Delhi, to British Motor Car Company Ltd by January 31, 2027. The decision concludes a legal dispute spanning nearly four decades and clarifies that banking merger schemes approved by the Reserve Bank of India (RBI) do not override provisions governing landlord consent under the Delhi Rent Control Act.Read more

cover photo

Andhra Pradesh extends deadline for INR 4,923 crore Ramayapatnam Port project till December 30, 2026

14 Jul 2026

The Andhra Pradesh government has granted a second extension for completing the INR 4,923 crore Ramayapatnam Greenfield Port project, allowing the EPC contractor to finish the work by December 30, 2026 without imposing liquidated damages. The decision follows requests citing delays in land handover, pending external infrastructure, difficult dredging conditions, force majeure events and global supply chain disruptions. The project, being developed by a joint venture of Navayuga Engineering Company Ltd and Aurobindo Realty Ltd, is a key maritime infrastructure initiative aimed at strengthening the state's port capacity.Read more

cover photo

CMDA begins stakeholder consultations for Chennai's Third Master Plan

14 Jul 2026

• The Chennai Metropolitan Development Authority (CMDA) has launched stakeholder consultations for preparing the Third Master Plan (TMP), which will guide the region's urban growth and infrastructure development over the coming decades.
• The consultations bring together representatives from government departments, local bodies, industry, academic institutions, professional organisations and civil society to gather inputs for the comprehensive planning exercise.
• The Third Master Plan aims to address key issues such as land use, housing, transport, environmental sustainability, climate resilience and economic development across the Chennai Metropolitan Area.
• Officials said the consultative process is intended to create an inclusive, data-driven and future-ready development framework that aligns with the region's rapidly expanding urban footprint.
Read more

cover photo

INLD opposes proposed private power distribution in Gurugram as HERC sets up expert panel

14 Jul 2026

The Indian National Lok Dal (INLD) has opposed the Haryana government's reported move to award electricity distribution work in Gurugram and Nuh to a private company, alleging that it would transfer profitable public assets into private hands. The party argued that Gurugram is a key revenue-generating district with low transmission losses and questioned the need for privatisation. Meanwhile, the Haryana Electricity Regulatory Commission (HERC) has formed an independent three-member expert committee to examine a petition seeking a distribution licence in the two districts before making any regulatory decision.Read more

cover photo