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

Karnataka assembly passes 12 bills including rent law and Bengaluru governance changes

18 Dec 2025

Karnataka's assembly recently approved 12 important bills covering rent regulations, urban governance, land revenue, development authorities, welfare funds, and institutional amendments. The Karnataka Rent (Amendment) Bill aims to decriminalize minor violations and rationalize fines, reflecting the state's commitment to Minimum Government, Maximum Governance. Changes to the Greater Bengaluru Authority include all MPs and MLAs residing in the city as members, along with senior government officials. The assembly also cleared amendments affecting temples, universities, and regional development boards, strengthening administrative structures and streamlining governance across Karnataka.Read more

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Vadodara civic body clears 350 dwellings near Dashama Pond for housing project

18 Dec 2025

Vadodara Municipal Corporation (VMC) recently demolished 350 dwellings near Dashama Pond in Gorwa, acting on a request from the Gujarat Housing Board (GHB). The two-day operation cleared makeshift homes primarily occupied by labourers, who were previously asked to relocate. GHB plans to develop a housing scheme on the reclaimed land but lacked the manpower and machinery to remove encroachments on its own. The demolition aligns with the city's ongoing efforts to reclaim public and reserved land for structured development and addresses issues of unregulated settlements in urban areas.Read more

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Centre proposes new law to replace MGNREGA with revised funding and infrastructure focus

17 Dec 2025

The Centre has proposed a comprehensive revamp of the rural employment guarantee programme by replacing MGNREGA with a new law titled the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin). The proposed framework raises the annual employment guarantee to 125 days per household and shifts the scheme from an open-ended demand model to a centrally sponsored structure with a defined Centre state funding pattern. The redesign places stronger emphasis on durable rural infrastructure, improved planning, and tighter digital controls to address long-standing concerns over leakages and weak asset creation.Read more

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Vedanta gets NCLT approval to demerge into five listed companies

17 Dec 2025

Vedanta Limited has received approval from the National Company Law Tribunal (NCLT), Mumbai bench, for its demerger scheme, allowing the company to proceed with splitting its businesses into separate listed entities. The approval comes after months of regulatory scrutiny and objections raised by government departments and regulators over disclosures and liabilities. With the tribunal clearing the scheme, Vedanta can now move ahead with restructuring its diversified operations into focused companies across metals, power, oil and gas, and steel, a move aimed at simplifying its corporate structure.Read more

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MPs raise concerns over rail bridge safety and slow project execution

17 Dec 2025

Members of the Rajya Sabha recently raised serious concerns over rail safety, connectivity gaps and delays in project execution across several states. Lawmakers highlighted structural defects in a rail overbridge on the Narmadapuram Itarsi section, calling for strict action and proper reconstruction. They also pressed for extending premium train services, completing long-pending rail lines, and improving station infrastructure. Delays in operationalising a regional rapid transit corridor were questioned as well. The discussion reflected growing concern over safety standards and the slow pace of rail infrastructure delivery.Read more

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Supreme Court grants bail to former DHFL promoters in multi crore bank loan case

17 Dec 2025

The Supreme Court granted bail to former Dewan Housing Finance Limited promoters Kapil and Dheeraj Wadhawan in the multi crore bank loan fraud case that began with their arrest in July 2022. The court highlighted that extended pre trial detention without trial infringes personal liberty and reaffirmed that bail is the norm while custody is an exception. Bail comes with conditions, including monthly reporting to police, surrendering passports, and restrictions on travel. The trial continues, and the court warned that violations could lead to bail cancellation.Read more

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MPCB directs BMC to roll out 28-point action plan to curb Mumbai air pollution

17 Dec 2025

The Maharashtra Pollution Control Board has instructed the Brihanmumbai Municipal Corporation to implement a detailed 28-point compliance plan to address worsening air quality in Mumbai. The directive follows a recent review that showed a steady decline in air conditions, with fine particulate matter emerging as the main concern. Officials have clarified that the problem is not linked to a sudden rise in construction activity alone but is largely driven by PM2.5 from vehicles, industries, and open waste burning. The civic body has been asked to submit an action-taken report.Read more

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Odisha RERA appoints civil engineer to strengthen project oversight

17 Dec 2025

The Odisha Real Estate Regulatory Authority has appointed a civil engineer to strengthen technical oversight and improve transparency in the state's real estate sector. The move aims to ensure that registered projects comply with approved plans, construction standards and delivery timelines. The engineer will review structural designs, monitor construction progress and verify claims made by developers during project registration. This added scrutiny is expected to reduce delays, deviations and quality issues that affect homebuyers. The appointment will also support dispute resolution through technical assessments and site inspections. Odisha RERA said the initiative will enhance consumer protection, improve regulatory enforcement and build greater confidence in the housing market.Read more

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Centre mandates stricter safety norms for road tunnel projects

17 Dec 2025

The central government has issued detailed guidelines to enhance safety and planning in road tunnel projects after several collapses, including the Uttarkashi incident in 2023. The Ministry of Road Transport and Highways now requires a risk register and a Geotechnical Baseline Report (GBR) at the planning stage, which must be shared with bidders during tendering. Authorities overseeing tunnel projects are accountable at all stages, supported by expert teams covering design, execution, and safety. These steps aim to reduce disputes, improve project transparency, and ensure accurate risk assessment throughout the project lifecycle.Read more

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Jaipur civic body seals six unauthorised buildings in Adarsh Nagar

17 Dec 2025

The Jaipur Municipal Corporation has sealed six buildings in the Adarsh Nagar zone after finding they were built without required planning permissions and in breach of development norms. The action followed complaints and site inspections, which showed missing building approvals and construction beyond permitted limits under Jaipur's master plan. Civic officials issued notices seeking valid documents or regularisation, but sealed the structures when deadlines were not met. The enforcement drive aims to curb unauthorised construction that can strain infrastructure, create safety risks and disrupt planned land use. Residents have welcomed the move, and the civic body has warned that similar checks will continue across other fast-growing zones.Read more

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