Latest first
- · SIPCOT
Factory in a SIPCOT park? The NOC your bank needs before it can mortgage the plot
If your factory sits on a SIPCOT leasehold plot, the bank usually needs SIPCOT’s No Objection Certificate before it can take a mortgage. Official TNSWP procedure RL_54: application fee ₹5,000 + GST, 7-day scrutiny window, document checklist, and what a management-change triggers. Framed for JR Loan Advisors’ ₹5 Cr+ LAP and working-capital advisory files in Tamil Nadu (not an RL_54 eligibility floor).
Read → - · LRD
Your LRD or LAP just reset after the hike — do these four triggers say a BT or top-up is worth it?
After the RBI repo hike to 5.50% and banks’ 25 bps RLLR/EBLR pass-through, when should a ₹5 Cr+ Chennai or Tamil Nadu landlord with an existing LRD or LAP review a balance transfer or top-up? Four triggers, the all-in switching-cost gate, and what to check on the sanction letter.
Read → - · updated 27 Oct 2026 · drawing power
Drawing power vs your cash credit limit — what banks watch before renewal
What drawing power means on a cash-credit loan, how it differs from your sanctioned limit, and a short renewal checklist.
Read → - · property loan
In Tamil Nadu, property loans are ~33% of small-business credit (combined borrowing up to ₹5 crore) — market context, not a ₹5 crore+ demand signal
CRIF–SIDBI Spotlight (July 2026; Mar’26): in Tamil Nadu’s small-business book (combined formal credit up to ₹5 crore), loan against property is ~33% of outstanding loan amount (chart highlight 32.6%) vs 27.1% India-wide; non-bank lenders hold 37% of that TN book (vs ~29% nationally). Market-structure context only — not proof of ₹5 crore+ demand, and not a rate card.
Read → - · TIIC
Buying estate land or borrowing against your plot? TIIC’s published rate and different loan purposes
New III estate-land purchase loans: TIIC card rate 10.95% (24 Oct 2026), bank decides. July revision leaves existing III rates unchanged. No bank rate quoted.
Read → - · RBI
RBI’s ₹1.5 lakh crore 4-day bank-funding auction on 26 Oct — what it does not change on your next ₹5 Cr+ working-capital quote
On 23 Oct 2026 RBI announced a ₹1,50,000 crore, 4-day Variable Rate Repo (VRR) auction for banks on Monday 26 Oct (window 9:30–10:00 AM; reversal Friday 30 Oct). That is a short-term bank-funding notice — not a change to your working-capital quote. Decide on the written letter.
Read → - · RBI
Fresh-loan WALR vs the repo cut: what RBI’s study means for a ₹5 Cr+ quote
RBI’s October 2026 Bulletin: fresh-loan WALR fell 93 bps against a 125 bps cumulative repo cut (Feb 2025–Mar 2026), with 80 bps interest-rate effect and 13 bps composition effect. What that means when you compare a fresh ₹5 Cr+ LAP, WC or LRD quote in Tamil Nadu.
Read → - · updated 15 Oct 2026 · Bank rates
Banks pass on the repo hike: repo-linked lending rates up 25 bps from 8 Oct 2026
Bank of Baroda, PNB and Indian Overseas Bank filed 25 bps increases in their repo-linked lending rates effective 8 October 2026, after the RBI repo hike to 5.50%. What it means for ₹5 Cr+ LAP, LRD and working-capital files, and what to check now.
Read → - · updated 28 Oct 2026 · RBI
RBI MPC October 2026: repo rate 5.50%, MSF rate 5.75%
The MSF (marginal standing facility) rate is 5.75% and the repo rate is 5.50% after the RBI MPC on 7 October 2026. What MSF means and what changes for your loan. Source: RBI.
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Longer explainers live in Insights from the credit desk. Want your own sanction terms read against a change? Talk to JR Loan Advisors.
Written and reviewed by CA Jitendraa Rathi, Chartered Accountant (CA membership number 217936) · Ex-banker, 20 years of experience in credit and lending · LinkedInLast reviewed · Expert review: CA Jitendraa Rathi (ICAI 217936)
Frequently asked questions
What goes into Loan News for Borrowers?
Only developments that change something for ₹5 Cr+ loan against property, working capital and other secured MSME borrowers — RBI policy and circulars, SIDBI changes, GST Council decisions where relevant, and benchmark rate changes by major banks. Each item links the official source and its date.
Is this a rate forecast or investment advice?
No. Each item says what changed, what it means and what to check in your own sanction letter.
How often is it updated?
We check official sources every day and publish at most one or two items a day, only when something material happens. Days with no borrower-relevant news are skipped.
Official sources: bank rates and rules change, so check SBI loan interest rates, RBI (repo rate and lending rules).