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policy Bar&Bench Tuesday, 21 April 2026 NEW

Luthra and Luthra advises SBI on sanctioning ₹1,370 crore to Sarla Garments

Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.

Summary

Sarla Garments LLP has secured a construction term loan of ₹1,370 crore from State Bank of India.Luthra and Luthra Law Offices India advised SBI on sanctioning the loan. The Firm was involved in drafting and finalizing the transaction and security documents.The transaction was led by Rachit Verma (Managing Associate), with support from Naina Sharma (Associate), working under the guidance of Sharad Joshi (Partner).Sarla Garments is primarily engaged in the textile business and by virtue of the su

Key Facts

Type Policy
Source Bar and Bench
Published Tuesday, 21 April 2026
Affected Population ~850 million internet users, 75,000+ startups

Key Numbers

Rs 15,000 crore for Digital India initiatives
UPI: 14 billion monthly transactions
850 million+ Aadhaar-linked mobiles
PM-JAY: 55 crore beneficiaries

Key Authorities

Ministry of Electronics & ITTRAICERT-InMinistry of Social Justice & EmpowermentNITI Aayog

Key Stakeholders

Internet UsersTech CompaniesStartupsBPL FamiliesSenior CitizensPersons with Disabilities

Government Context

NDA III BJP-led NDA
Centre-Right
Left Centre Right

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