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%

Taxation & Finance News

Centre sanctions INR 11.6 crore for NH-66 underpasses at Baikampady and Kulur in Mangaluru

25 May 2026

• The Union Ministry of Road Transport and Highways has sanctioned over INR 11.6 crore for two underpass projects on NH-66 in Mangaluru.
• Around INR 7.1 crore has been approved for a light vehicular underpass at the accident-prone Baikampady Junction.
• Another INR 4.5 crore has been cleared for an underpass near KIOCL Junction and Kulur Bridge to improve traffic flow towards Tannirbhavi and MSEZ.
• The projects are aimed at reducing congestion, improving road safety and supporting industrial and port-related traffic movement in Dakshina Kannada.
• The approvals come after port-area roads in the region were transferred to NHAI to speed up infrastructure development works.
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RBI to conduct INR 1 lakh crore VRR auction amid tightening banking system liquidity

25 May 2026

The Reserve Bank of India (RBI) has announced a three-day variable rate repo (VRR) auction worth INR 1 lakh crore to improve liquidity conditions in the banking system after surplus funds declined sharply in recent weeks. The move comes as GST-related outflows pushed overnight money market rates higher and reduced surplus liquidity levels. The central bank has already conducted multiple VRR auctions this month to ensure stable short-term funding conditions for banks. Despite these measures, recent auctions have seen muted participation from lenders, reflecting cautious liquidity management across the banking sector.Read more

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India’s property market may need INR 50 lakh crore capital push over next decade: ANAROCK CAPITAL

24 May 2026

• ANAROCK Capital estimated that India’s real estate sector may require nearly INR 50 lakh crore capital by 2036.
• The report stated that affordable housing remains significantly underfunded despite rising urbanisation and housing demand.
• Residential real estate is expected to account for a major share of the projected capital requirement.
• The report highlighted the need for alternative funding, deeper debt markets and higher domestic and global investor participation.
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AI-led hiring and GCC expansion could generate 79 million sq ft of additional office demand in India by 2030, says Redseer

24 May 2026

Redseer Strategy Consultants has projected that India’s knowledge-economy office market could witness nearly 79 million sq ft of incremental office demand between CY2025 and CY2030 as artificial intelligence adoption reshapes enterprise workplace strategies. According to the firm’s report titled AI and the Future of Flexible Workspaces, AI-led hiring across global capability centres, large enterprises and AI-native startups is expected to accelerate demand for managed and flexible workspaces focused on collaboration, agility and specialised infrastructure. The study estimates that India’s flexible workspace stock has already expanded from nearly 33 million sq ft in CY2020 to over 103 million sq ft in CY2025, while approximately 82% of surveyed enterprises plan to increase flex workspace adoption over the next two years.Read more

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Land investments gain attention alongside gold and equities as investors reassess long-term wealth creation strategies

24 May 2026

Growing infrastructure development, urban expansion and increasing regulatory transparency are driving renewed investor interest in land as a long-term wealth creation asset alongside traditional investments such as gold and equities. Industry stakeholders stated that organised plotted developments and improved accessibility to land ownership are attracting both first-time and experienced investors across emerging growth corridors. The discussion around asset allocation has also intensified following Prime Minister Narendra Modi’s recent remarks urging restraint in non-essential gold purchases to help conserve foreign exchange reserves. Real estate and financial sector participants noted that while gold continues to serve as a defensive asset and equities offer higher growth potential, land investments are increasingly being viewed as a relatively stable, inflation-resistant asset class supported by infrastructure-led urbanisation and rising demand in peripheral markets surrounding major cities and Tier II locations.Read more

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BHIVE expands Whitefield presence with over 3,000-seat managed workspace campus at Concorde Econex

23 May 2026

BHIVE Workspace has expanded its presence in Bengaluru’s Whitefield office market through a new managed workspace campus at Concorde Econex, located along the ORR–Whitefield corridor. The company stated that the upcoming campus will accommodate more than 3,000 seats and is being developed as a premium “BHIVE Platinum” facility with an investment exceeding INR 30 crore. The project, developed in partnership with Concorde, reflects rising demand for flexible and experience-led office spaces across Bengaluru’s eastern commercial corridor. The campus will offer multiple workspace formats, lifestyle-focused amenities, collaborative infrastructure and public-facing recreational facilities as flexible workspace operators continue expanding within key Grade A office micro-markets.Read more

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IPV reports 16 startup exits in FY2026 with blended 41% IRR

23 May 2026

• Inflection Point Ventures announced 16 exits during FY2026, reporting a blended internal rate of return (IRR) of 41.01% and a money-on-money (MoM) multiple of 2.86x across transactions.
• The exits included both partial and full transactions across sectors, with Secret Alchemist delivering the highest reported return at 192% IRR and 4.56x MoM, followed by Aerem, Qubehealth and Kazam.
• Strategic acquisitions of GeoiQ and AFK Gaming by Lenskart and Nodwin Gaming respectively formed part of the exit slate, alongside secondary transactions involving institutional investors and family offices.
• IPV stated that 26 portfolio startups also completed follow-on transactions during FY2026, generating a blended IRR of 84.22% and a 3.33x MoM multiple through structured secondary deals.
• The investment platform said increasing institutional participation, repeat secondary buyers and continued follow-on funding activity reflected growing confidence in IPV-backed startups despite broader liquidity challenges in India’s early-stage investment ecosystem.
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JK Lakshmi Cement reports 28.67% decline in Q4 net profit despite higher sales volumes in FY26

22 May 2026

JK Lakshmi Cement reported a 28.67% year-on-year decline in consolidated net profit for the quarter ended March 2026, with earnings falling to INR 125.06 crore amid rising expenditure despite stable revenue growth. The company’s revenue from operations remained largely flat at INR 1,901.53 crore during the quarter, while total expenses increased 5%. Sales volumes, however, rose 8.3% to 3.89 million tonnes, indicating stronger dispatch activity. For the full financial year FY26, the cement maker recorded a 49.52% rise in consolidated net profit to INR 412.61 crore, supported by a 10.2% increase in total income. The company also flagged geopolitical tensions in West Asia, rupee depreciation and supply chain disruptions as potential risks to government capital expenditure and cement demand growth in FY27.Read more

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IRB Infrastructure posts 38% rise in Q4 profit as Ganga Expressway becomes operational and toll revenue increases

22 May 2026

IRB Infrastructure Developers reported a 38% year-on-year increase in consolidated net profit for the quarter ended March 2026, with earnings rising to INR 296.25 crore despite a decline in operational income. The company’s total income from operations fell to INR 1,976 crore during the quarter, while expenses reduced significantly to INR 1,571 crore, supporting profitability growth. During FY26, the company recorded toll revenue of INR 8,323 crore, marking a 12% increase over the previous year. IRB also confirmed the operationalisation of the Ganga Expressway, resulting in all major projects within its portfolio becoming revenue-generating assets. Separately, the group’s private InvIT associate proposed transferring two assets in Maharashtra and Gujarat to the public IRB InvIT Fund through a non-binding offer valued at INR 4,663 crore.Read more

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WeWork India Q4 profit rises 80% on strong demand for managed office spaces

22 May 2026

WeWork India Management Ltd reported a strong rise in quarterly earnings as demand for managed office spaces and flexible work centres continued to grow across major Indian cities. The company’s consolidated net profit increased 80 per cent to INR 65.55 crore during the March quarter, supported by higher income and steady expansion of its workspace portfolio. Revenue also saw healthy growth during the quarter. However, annual profit for FY26 declined compared to the previous financial year despite a rise in total income, reflecting operational and expansion-related pressures in the flexible office segment.Read more

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