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%

Infrastructure News

Centum Electronics secures INR66 crore HAL order to develop AESA radar for maritime helicopter

02 Mar 2026

Centum Electronics has secured a Phase-1 contract worth INR66 crore from Hindustan Aeronautics Ltd (HAL) to design and develop an Active Electronically Scanned Array (AESA) radar for the Utility Helicopter Maritime (UH-M) programme. The total contract value stands at INR78 crore, including taxes, and will be executed over the next two financial years. The radar is intended to strengthen maritime surveillance by enabling detection and tracking of multiple targets. A larger production phase, estimated at around INR500 crore over five years, may follow after successful development.Read more

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Proposed West Bengal–Gujarat freight corridor to strengthen industrial growth in Madhya Pradesh

02 Mar 2026

Railway Minister Ashwini Vaishnaw recently stated that the proposed Dedicated Freight Corridor connecting West Bengal and Gujarat will significantly support industrial growth in Madhya Pradesh by improving freight efficiency and port access. The 2,052 km corridor from Dankuni to Surat will pass through multiple states and link with the Western Dedicated Freight Corridor. Alongside this, INR 48,000 crore worth of railway projects have been sanctioned for Madhya Pradesh, including major line expansions and the INR 18,000 crore Indore Manmad project, aimed at increasing both freight and passenger capacity.Read more

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Delhi clears INR 453.95 crore Najafgarh drain road corridor to improve west and outer connectivity

02 Mar 2026

The Delhi government has approved a INR 453.95 crore project to construct a nearly 61-kilometre, two-lane road along both sides of the Najafgarh drain to improve connectivity in outer and west Delhi. The corridor will link major arterial roads including Outer Ring Road, Inner Ring Road and Urban Extension Road-II, while also improving access to IGI Airport and Dwarka Expressway. The project includes pedestrian and cycling tracks, drainage upgrades, landscaping and a new bridge near Dwarka Metro Depot. Completion is targeted for November 2027.Read more

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Bidar railway station upgrade to become operational from April under Amrit Bharat scheme

02 Mar 2026

Bidar railway station is set to have its upgraded passenger facilities operational from April under the central government's Amrit Bharat Station Scheme. The redevelopment, taken up at an initial cost of around INR 24.3 crore, includes lifts, escalators, expanded platforms, improved waiting halls and better parking areas. The Secunderabad Railway Division has proposed revising the project cost to nearly INR 40 crore to accommodate additional works. Most structural work has been completed, while finishing activities are underway. The upgrade is part of Indian Railways broader plan to modernise key stations across the country.Read more

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Union Cabinet approves rail, metro and airport projects worth INR 12,236 crore

02 Mar 2026

The Union Cabinet approved infrastructure projects totaling INR 12,236 crore, covering railways, aviation, urban transport, and key policy reforms. Railway projects costing INR 9,072 crore, including Gondia Jabalpur doubling and Punarakh Kiul and Gamharia Chandil line expansions, will connect over 5,400 villages and boost freight by 52 million tonnes annually. Approvals also include a new Srinagar airport terminal and a 3.33 km Ahmedabad Metro extension. Policy decisions included power sector reforms, an increased minimum support price for raw jute, and the proposal to rename Kerala as Keralam, reflecting the government's broader development focus.Read more

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Indian Railways rolls out RailParcel pilot under South Central Railway to digitise parcel logistics across seven cities

01 Mar 2026

Indian Railways has launched RailParcel, a pilot initiative to improve rail-based parcel movement across seven cities Hyderabad, Vijayawada, Guntur, Rajahmundry, Visakhapatnam, Bengaluru and Chennai under the South Central Railway zone. The pilot is digitally enabled through ROQIT, a platform developed by AION-Tech Solutions Limited, which provides a workflow and coordination layer for parcel operations during the proof-of-concept phase. RailParcel aims to introduce structured digitisation of booking and operational processes, enhance shipment visibility, and enable interoperability with existing railway systems, including CRIS. The initiative aligns with Indian Railways broader push to modernise logistics, improve multimodal coordination and leverage its largely electrified network to support more efficient and sustainable parcel transportation.Read more

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Parel–Sewri corridor gathers momentum as an emerging luxury residential micro-market in Mumbai

01 Mar 2026

The Parel Sewri stretch in central-eastern Mumbai is witnessing a gradual repositioning as a potential luxury residential micro-market, driven by large-scale infrastructure upgrades and land availability. Improved connectivity through the Mumbai Trans Harbour Link, originating near Sewri, has strengthened access to Navi Mumbai, while proposed road and connector projects are set to enhance links with South and Central Mumbai. Parel's established luxury housing ecosystem, shaped by mill land redevelopment, is now converging with Sewri's industrial land parcels, which are beginning to attract residential and mixed-use interest. Industry stakeholders point to the availability of larger plots, infrastructure-led regeneration and waterfront adjacency as factors supporting premium housing formats. The shift reflects a broader eastward expansion of Mumbai's luxury residential landscape beyond traditional western corridors.Read more

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Government updates BOT model to share risks and long-term gains with contractors

01 Mar 2026

The Union Ministry of Road Transport and Highways has revised the Build-Operate-Transfer (BOT) model concession agreement to create a more balanced risk-sharing structure between the government and private contractors. Union Minister Nitin Gadkari announced that BOT projects worth over INR 2 lakh crore will now operate under updated terms, including a 10-15 year defect liability period and a profit-sharing system linked to traffic data. The government is also investing INR 40,000 crore to address 350 landslide-prone highway locations and improve safety, while working on toll reforms and stronger coordination with states.Read more

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Patna to set up Bihar’s largest 400 MLD sewage treatment plant under Namami Gange push

Patna News Desk

01 Mar 2026

Patna will soon have Bihar's largest sewage treatment plant with a capacity of 400 million litres per day (MLD) to reduce untreated discharge into the Ganga. The project follows directions issued during a recent Namami Gange review meeting in Delhi. The Bihar Urban Infrastructure Development Corporation (Buidco) has begun site surveys between Danapur and Patna City. The plant will connect major drains across the city and may be built as one 400 MLD unit or two 200 MLD units. The move is part of Bihar's broader plan to expand sewage treatment capacity across Ganga towns.Read more

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Delhi–Meerut RRTS corridor fully operational, travel time reduced to 55 minutes

Delhi News Desk

01 Mar 2026

The full commissioning of the Delhi-Meerut RRTS corridor strengthens regional rail infrastructure in the National Capital Region. By significantly reducing travel time and offering high-speed, high-frequency services, the system changes the way people commute between Delhi and nearby cities. Beyond passenger convenience, the corridor is likely to influence residential choices, commercial development and workforce mobility across western Uttar Pradesh. As additional RRTS corridors move forward, the Delhi Meerut stretch sets the operational benchmark for future regional rapid transit projects in India.Read more

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