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

Brookfield India REIT raises INR 2,600 crore via QIP

24 Apr 2026

Brookfield India Real Estate Trust has secured strong institutional backing for a INR 2,600 crore Qualified Institutional Placement (QIP), with participation from global and domestic investors including the International Finance Corporation and major insurance and fund houses. The capital raise, initially launched at INR 2,000 crore, was upsized following robust demand, reflecting sustained investor confidence in India’s Grade-A office assets. The proceeds are expected to be deployed towards acquisitions and debt reduction, strengthening the REIT’s balance sheet and expansion pipeline. This transaction also highlights growing institutional appetite for income-generating commercial real estate platforms, even as office leasing dynamics remain cyclical across key urban markets.Read more

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Bengaluru to launch online khata correction system for property records

Bangalore News Desk

24 Apr 2026

Authorities in Bengaluru are preparing to introduce an online khata correction facility to simplify property record updates and reduce administrative delays. The initiative, led by the Greater Bengaluru Authority, will allow property owners to modify key details such as location and ward information without visiting civic offices. The reform is part of a broader push towards digitisation of land and property records, supported by automatic mutation systems and ongoing e-khata rollouts. Officials indicated that the system has already processed lakhs of applications, with strong daily usage. The move is expected to improve transparency, minimise errors, and enhance efficiency in property documentation, addressing long-standing bottlenecks in Bengaluru’s urban governance framework.Read more

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India real estate inflows hit USD 5.1 billion in Q1, up 72% YoY

23 Apr 2026

India’s real estate sector recorded capital inflows of USD 5.1 billion during the January–March quarter, marking a 72% year-on-year increase, according to CBRE. The inflows, the highest ever for any quarter, were driven largely by developers and REITs, with domestic investors accounting for the majority share. Strong activity in office and retail assets, along with sustained investor confidence despite global uncertainties, indicates continued momentum in institutional investment and asset creation across key urban markets.Read more

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RBI draft NBFC-UL norms raise compliance costs for CICs above INR 1 lakh crore AUM: India Ratings

23 Apr 2026

The Reserve Bank of India’s draft framework for classifying upper layer non-banking financial companies is expected to increase compliance burdens for core investment companies, according to India Ratings. The proposal sets an assets under management threshold of INR 1 lakh crore for NBFC-UL classification and may require mandatory listing, impacting privately held CICs with concentrated group exposures. The report noted that while the framework remains largely neutral for most NBFCs, CICs could face higher governance and regulatory costs. The draft has also drawn attention due to its implications for large entities such as Tata Sons, which exceeds the proposed AUM threshold.Read more

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PNB Housing Finance Q4 profit rises 19% to INR 656 crore, AUM grows to INR 90,921 crore

23 Apr 2026

PNB Housing Finance reported a 19 per cent year-on-year increase in net profit to INR 656 crore for the March quarter, supported by higher interest income and loan growth. Total income rose to INR 2,172 crore, while assets under management expanded 13 per cent to INR 90,921 crore. Net interest income also recorded growth, although margins saw a marginal decline. Asset quality improved with a reduction in gross NPAs. For the full financial year, the lender reported an 18 per cent rise in profit and announced a dividend of INR 8 per share, subject to shareholder approval.Read more

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Welspun Enterprises leases 4.5 lakh sq ft office space in Hinjewadi, Pune in five-year deal

Pune News Desk

23 Apr 2026

Welspun Enterprises has leased over 4.5 lakh sq ft of office space in Hinjewadi, Pune, marking one of the largest commercial leasing transactions in the city in recent months. The space, located in a Grade A IT park, has been taken on a five-year lease with a total rental commitment exceeding INR 82 crore. The deal reflects sustained occupier demand in Pune’s western IT corridor, driven by expansion plans of domestic firms and continued traction from Global Capability Centres. Hinjewadi remains a key micro-market for large-format office transactions.Read more

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Brookfield India REIT launches institutional placement at INR 329.94 floor price

23 Apr 2026

Brookfield India Real Estate Trust has launched an institutional placement of units with a floor price set at INR 329.94 per unit, as part of its ongoing capital raising strategy. The move comes after unitholder approval for fundraising through institutional routes and is expected to attract strong interest from global and domestic investors. The placement is aimed at strengthening the REIT’s balance sheet and supporting future acquisitions and growth initiatives across its Grade-A office portfolio. Institutional participation, including global funds, reflects continued confidence in India’s commercial real estate sector despite evolving market conditions.Read more

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Centre explores mobilising insurance and pension funds for infrastructure financing, sets up panel to boost long-term capital

23 Apr 2026

The central government is working to increase infrastructure funding from domestic long-term capital sources such as insurance companies and pension funds, aiming to reduce reliance on traditional financing channels. A dedicated panel has been constituted to examine mechanisms to deploy such “patient capital” more effectively in large-scale infrastructure projects. The move comes amid rising capital expenditure requirements and growing maturity obligations across sectors such as transport, urban infrastructure and energy. By tapping institutional investors with long-term liabilities, the government aims to improve funding stability, deepen capital markets, and support sustained infrastructure development across the country.Read more

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IndiGo backs Sarla Aviation with equity investment to enter air taxi space

22 Apr 2026

IndiGo has taken a minority stake in Bengaluru-based Sarla Aviation as it looks to enter the electric air taxi segment. The investment of around INR 10 crore was made through its venture arm and marks a renewed push into urban air mobility after an earlier global partnership did not progress. Sarla Aviation is developing a six-seater eVTOL aircraft and plans to launch services in Bengaluru by 2028. The company has already raised over USD 13 million and is also planning a large manufacturing facility in Andhra Pradesh.Read more

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IMGC partners with Bajaj Housing Finance to expand home loan access for underserved buyers

22 Apr 2026

IMGC has entered into a partnership with Bajaj Housing Finance Ltd to improve access to home loans for underserved and first-time buyers in India. The collaboration focuses on borrowers with informal income profiles or limited credit histories, who often face challenges in securing housing finance. By combining IMGC’s mortgage guarantee expertise with BHFL’s lending network, the initiative aims to address the credit gap in the affordable housing segment. The partnership will also strengthen risk-managed lending while expanding offerings such as Sambhav Loans, designed for customers outside the formal income bracket.Read more

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