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

SEBI Rejects Anil Ambani’s Settlement Plea in Reliance Infrastructure Fund Diversion Case

01 Jul 2026

The Securities and Exchange Board of India (SEBI) has rejected settlement applications filed by Anil Ambani, Reliance Infrastructure and related entities in an ongoing investigation into the alleged diversion of company funds. The regulator cited the seriousness of the allegations and the existence of parallel investigations by other agencies. The case will now proceed through the regulatory process, where SEBI will determine whether any securities law violations have occurred.Read more

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Goa notifies 1.03 crore sq m of ecologically sensitive land in Salcete as no development zone

01 Jul 2026

The Goa government has notified 1.03 crore sq m of ecologically sensitive land across seven villages in South Goa's Salcete taluka as a No Development Zone (NDZ) under the Regional Plan. The protected land comprises paddy fields, salt pans and other environmentally sensitive areas intended for conservation amid increasing urbanisation. Announcing the decision during the past week, Town and Country Planning Minister Vishwajit Rane said the notification forms part of the state's ongoing exercise to identify and safeguard fragile ecosystems from development activities. Talaulim accounts for the largest share of the notified area, followed by Majorda, Seraulim, Loutolim, Utorda, Orlim and Calata. The move significantly expands the extent of protected land in one of Goa's fastest-growing regions.Read more

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Lucknow’s hostel inspections have intensified after the Aliganj fire, leaving tenants in limbo

01 Jul 2026

• The Lucknow Development Authority (LDA) has intensified enforcement against private hostels and paying guest accommodations that allegedly violate approved building plans and fire safety norms.
• The action follows a fatal fire in Aliganj, prompting authorities to widen inspections across hostels, coaching centres and other high-occupancy commercial establishments.
• Several hostels have been sealed, leaving students and young professionals scrambling to secure new accommodation on short notice.
• While authorities maintain the drive is necessary to improve public safety, hostel operators and tenants have sought more time to comply with the new requirements before enforcement measures are implemented.
Read more

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Dharwad’s consumer panel has held developers liable in a long-delayed plot registration dispute.

01 Jul 2026

• The Dharwad District Consumer Disputes Redressal Commission has ruled in favour of a senior citizen whose residential plot remained unregistered despite substantial payment to the developers.
• The commission directed the developers to allot an alternative plot, execute the sale deed within a specified timeframe and compensate the complainant for mental agony and litigation costs.
• The order held that the prolonged delay in registration amounted to a deficiency in service and unfair trade practice by the developers.
• The ruling reinforces consumer protection in real estate transactions by affirming that developers must honour contractual commitments after accepting payments from buyers.
Read more

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NGT directs action on alleged illegal groundwater extraction in Noida and Greater Noida

01 Jul 2026

The National Green Tribunal (NGT) has directed the Uttar Pradesh Ground Water Department to examine allegations of illegal groundwater extraction at multiple construction sites in Noida and Greater Noida and initiate action where violations are found. The order, passed in the past week, follows a petition alleging unauthorised dewatering and groundwater abstraction by private builders, industries and individuals across several sectors, including Noida and the Yamuna Expressway region. The tribunal has instructed the department to conduct field verification, determine whether borewells or tube wells are operating without approval, and take remedial as well as punitive action in accordance with law. The exercise is to be completed within three months as concerns over declining groundwater levels continue in the rapidly urbanising region.Read more

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Lucknow Development Authority expands crackdown after Aliganj fire, issues fresh notices to commercial establishments

01 Jul 2026

The Lucknow Development Authority (LDA) has intensified its enforcement drive against commercial establishments allegedly operating in violation of sanctioned building plans following the Aliganj fire that claimed 15 lives earlier this week. During the past week, the authority issued show-cause notices to more than a dozen additional premises, including coaching centres, hotels, restaurants, nursing homes and gymnasiums, across several parts of the city. Property owners have been directed to submit approved building plans and explain the alleged deviations within the stipulated period, failing which legal action may follow. The latest action forms part of a wider citywide inspection campaign targeting unauthorised commercial use of buildings and non-compliance with development regulations in the wake of one of Lucknow's deadliest recent fire incidents.Read more

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UP RERA issues notices to promoters of 76 projects over pending FY25 audit reports

01 Jul 2026

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has issued show-cause notices to promoters of 76 registered real estate projects for failing to upload mandatory annual audit reports for FY2024-25 within the prescribed timeline. The authority has directed the defaulting promoters to submit the pending reports within 15 days along with a late fee of INR 25,000, warning that continued non-compliance could attract penalties of up to 5% of the estimated project cost under the Real Estate (Regulation and Development) Act. UP RERA said annual audit reports are a key mechanism for ensuring financial transparency, regulatory oversight and public disclosure, enabling homebuyers to monitor project compliance and safeguarding the interests of allottees.Read more

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Forest department probes alleged illegal tree felling for Rowghat mine road in Chhattisgarh

01 Jul 2026

The Chhattisgarh Forest Department has initiated an inquiry into the alleged felling of more than 500 trees for the construction of a 1.34-km haul road linked to the Rowghat iron ore mine in Kanker district. Officials claim the road was built without prior approval from the forest department and have issued notices to the Bhilai Steel Plant (BSP), a unit of Steel Authority of India Ltd (SAIL), along with departmental officials. A preliminary inquiry indicates that around 540 trees were cut and portions of a hill were excavated, although a detailed assessment is underway. BSP has denied any violation, maintaining that the road falls within the area covered by forest clearance granted by the Ministry of Environment, Forest and Climate Change in 2009.Read more

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Andhra CM Naidu disburses INR 300 crore for Veligonda project rehabilitation

30 Jun 2026

The Andhra Pradesh government has disbursed INR 300 crore in compensation to over 3,200 families displaced by the Veligonda irrigation project. Chief Minister N. Chandrababu Naidu announced the payment under the state's rehabilitation and resettlement programme, aimed at supporting project-affected households. The compensation will facilitate relocation while enabling progress on the Veligonda irrigation scheme, a major water infrastructure project designed to improve irrigation coverage and drinking water supply in drought-prone regions.Read more

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Jharkhand’s building regularisation drive has seen a slow response despite the launch of its online portal

30 Jun 2026

• Jharkhand's building regularisation portal has received around 4,000 applications since its launch on May 14, significantly lower than the state's estimated number of unauthorised buildings.
• Officials attribute the modest response to procedural hurdles, limited public awareness and delays in obtaining mandatory technical documents required for applications.
• The state government is reviewing implementation challenges and may consider extending the application deadline to encourage greater participation in the regularisation scheme.
• The initiative aims to legalise eligible unauthorised buildings, improve urban planning and strengthen municipal revenue while ensuring compliance with building regulations.
Read more

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