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%

Location : Aligarh

Unauthorised encroachments threaten YEIDA's INR 1,040 crore logistics park project in Aligarh

27 Jan 2025

Unauthorised encroachments in Aligarh's Tappal-Bajna area are jeopardizing YEIDA's INR 1,040 crore logistics park project, part of its Master Plan 2031. The 364-acre park, crucial for catering to NCR's cargo demands, faces challenges as residential plot registrations surge, making future evictions difficult. Despite YEIDA's land acquisition efforts, unauthorized sales persist, with prices ranging from INR 15,000 to INR 25,000 per sq. meter. In response, YEIDA has urged the Aligarh administration to halt registrations and plans an anti-encroachment drive. Collaboration between authorities is essential to safeguard the project's progress and ensure the area's industrial potential is realized.Read more

#Law & Policy#Aligarh

Aligarh: AMU seeks UGC grant to clear INR 24.4 crore tax dues amid financial challenges

27 Jan 2025

Aligarh Muslim University (AMU) has been issued a notice by the Aligarh Municipal Corporation (AMC) to clear pending house tax dues of INR 24.4 crore within 15 days, failing which legal action may follow. The dues, linked to 18 properties, have accumulated since 2017. AMC has warned of account attachment if payments are delayed. AMU officials confirmed they are awaiting a grant from the UGC to settle the amount. The case underscores the financial strain on educational institutions reliant on government funding and raises questions about managing tax obligations and financial planning in the sector.Read more

#Taxation & Finance News#Aligarh