MF Update : SEBI Proposes Third-Party Payments for MF Investments SEBI issued a consultation paper on May 20, 2026, proposing to allow third-party payments in mutual funds in specific scenarios, such as employer salary deductions for employee SIPs, with robust safeguards including KYC and audit trails. This aims to enhance ease of investing while maintaining strong compliance standards.
Economy Update : RBI Surplus Transfer to Government The RBI transferred a record surplus to the Government for FY25-26, providing fiscal support amid strong income from assets and balance sheet growth. This aids economic stability and public investment priorities.
Results Update : Eicher Motors Reports Strong Q4 Profit Growth Eicher Motors announced consolidated Q4 FY26 net profit of approximately ₹1,520 crore, up 12% YoY, with revenue rising 16% to around ₹6,080 crore, driven by robust Royal Enfield sales. This reflects sustained demand in the premium motorcycle segment and supports positive auto sector momentum.
Corporate Trends : RBI Approves ICICI Bank CEO Reappointment The Reserve Bank of India approved the reappointment of Sandeep Bakhshi as MD & CEO of ICICI Bank (Nifty 100) for two more years until October 2028. This provides leadership continuity for one of India’s leading private banks.
