Supreme Housing and Hospitality

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Banking, Fintech & Insurance 10 Nov 2026, 05:00 PM IST

Canara Bank, Other Lenders Accept Supreme Housing’s Rs 522-Crore Settlement

Canara Bank and other lenders have accepted a Rs 522-crore one-time settlement from Supreme Housing and Hospitality, a move that could close nearly Rs 700 crore in outstanding debt. The agreement implies a recovery of about 75% for the banking consortium and covers both fund-based and non-fund exposures linked to corporate guarantees issued for subsidiary entities.

By RDU Global Wire4 min read

Macro Economy & Fiscal Policy05 Nov 2026, 05:00 PM IST

Supreme Court Restores Herbicide Registration, Overturning Delhi High Court Ruling

The Supreme Court has set aside a Delhi High Court order that had quashed the registration granted for a herbicide used to control weeds, restoring a regulatory approval critical to the product’s market access. A bench of Justices J.B. Pardiwala Sundresh and K.V. Viswanathan Varale upheld Crystal Crop Protection Ltd’s appeal against the division bench ruling that had favoured Dhanuka Agritech.

5 min readRead →

National Governance & Policy04 Nov 2026, 02:00 PM IST

Supreme Court Rejected Karunanidhi’s Claim That a Chief Minister Is Not a Public Servant

The Supreme Court’s ruling in the Karunanidhi corruption matter established a sweeping principle: a Chief Minister cannot escape scrutiny by arguing that the office is outside the definition of a public servant. The judgment arose from allegations tied to a 1976 wheat procurement probe in Tamil Nadu, where investigators said official power was misused to favour private firms. The case became a landmark in public accountability, reinforcing that constitutional office does not place a political executive beyond anti-corruption law when official position is allegedly abused for private gain.

5 min readRead →

National Governance & Policy02 Nov 2026, 05:00 PM IST

Supreme Court Denies Relief to Former Tamil Nadu Minister Nehru in Cash-for-Jobs Case

The Supreme Court on Tuesday declined to grant immediate relief to former Tamil Nadu Minister V. Senthil Balaji alias Nehru in the cash-for-jobs scam case, leaving the criminal proceedings to continue. The Bench, however, made clear that the former minister remains free to raise all legal and factual defences available to him at the appropriate stage in accordance with law.

4 min readRead →

National Governance & Policy30 Oct 2026, 08:00 AM IST

Supreme Court Urges Compensation Framework for Digital Arrest Victims

The Supreme Court has pressed for a regulatory framework that would require financial institutions to compensate victims of digital arrest scams when they fail in their due diligence obligations. The observation sharpens the legal and policy response to a fast-growing cyber fraud pattern that has exploited fear, urgency and weak verification systems across India.

5 min readRead →

National Governance & Policy29 Oct 2026, 02:00 PM IST

Abhishek Banerjee Seeks Restoration of West Bengal’s Elected Government After Supreme Court’s SIR Remarks

Trinamool Congress leader Abhishek Banerjee on Tuesday sharpened his attack on the Centre and the Election Commission after the Supreme Court said it had not yet ruled on the legality of using a “logical discrepancy” category to examine voter details during the Special Intensive Revision. He argued that the observations strengthen the case for restoring what he described as West Bengal’s elected government, framing the issue as one of democratic legitimacy and institutional overreach.

6 min readRead →

Automotive, EVs & Mobility09 Nov 2026, 02:00 PM IST

PNB Housing Targets Fourfold Expansion in Corporate Loan Book to Rs 3,000 Crore by FY27

PNB Housing Finance has set an ambitious target to expand its corporate loan book nearly four times to Rs 3,000 crore by the end of March 2027, while continuing to prioritise its core retail housing franchise. The company said the corporate portfolio, currently at Rs 689 crore and about 3 percent of total loans, will grow alongside an unchanged 18-20 percent loan growth guidance for the current financial year, despite a higher-rate environment.

5 min readRead →

Banking, Fintech & Insurance08 Nov 2026, 08:00 PM IST

NHB Orders Forensic Audit of SRG Housing Finance Over Alleged Loan Irregularities

The National Housing Bank has appointed ASA & Associates LLP to conduct a forensic audit of SRG Housing Finance amid allegations involving fictitious loan accounts, repayment record manipulation and possible fund diversion. The probe could prove decisive for the lender’s regulatory standing, asset quality assessment and near-term financial outlook.

5 min readRead →

Banking, Fintech & Insurance08 Nov 2026, 08:00 AM IST

NHB Orders Forensic Audit of SRG Housing Finance Over Alleged Loan Irregularities

The National Housing Bank has appointed ASA & Associates LLP to conduct a forensic audit of SRG Housing Finance after allegations surfaced of fictitious loan accounts, repayment record manipulation and possible fund diversion. The probe will scrutinise loan disbursements, borrower identities, asset classification and end-use of funds, with the findings likely to influence regulatory action and the lender’s financial outlook.

5 min readRead →

Automotive, EVs & Mobility08 Nov 2026, 08:00 AM IST

PNB Housing Targets Fourfold Corporate Loan Expansion to Rs 3,000 Crore by March 2027

PNB Housing Finance plans to expand its corporate loan book to Rs 3,000 crore by the end of March 2027, up from Rs 689 crore currently, as it deepens a business line that still accounts for only 3 percent of total loans. The lender says the push will complement, not dilute, its core retail housing franchise, while its full-year loan growth guidance of 18-20 percent remains unchanged despite higher interest rates.

5 min readRead →

Automotive, EVs & Mobility07 Nov 2026, 08:00 PM IST

PNB Housing Targets Fourfold Expansion in Corporate Loan Book to Rs 3,000 Crore by FY27

PNB Housing Finance is aiming to expand its corporate loan book nearly fourfold to Rs 3,000 crore by March 2027, while continuing to prioritise its core retail housing franchise. The company said the corporate portfolio, currently at Rs 689 crore and accounting for about 3 percent of total loans, will grow alongside an unchanged 18-20 percent loan growth target for the current financial year despite higher interest rates.

5 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside Supreme Housing and Hospitality:

New Delhi(1)Canara Bank(1)