Your weekly wrap up of the BFSI sector | 30th May 2025 | Banking news скачать в хорошем качестве

Your weekly wrap up of the BFSI sector | 30th May 2025 | Banking news

The Securities and Exchange Board of India barred IndusInd Bank’s former MD & CEO Sumant Kathpalia, ex-deputy CEO Arun Khurana, and three other senior officials from trading in securities for allegedly violating insider trading norms.  The Reserve Bank of India’s balance sheet grew 8.2% to ₹76.25 trillion in FY25, with income rising 22.8% and expenditure up 7.8%.  It reported a record ₹2.69 trillion surplus — up 27% from the previous year — which the RBI will transfer to the government after retaining a 7.5% risk buffer. Meanwhile, the RBI is scrutinising payment fintechs for allegedly misclassifying merchants to benefit from lower credit card interchange fees.  Some firms tagged regular merchants as utility providers — a lower-fee category — to profit from the fee difference. Life Insurance Corporation has fully subscribed to Adani Ports and Special Economic Zone(APSEZ)'s ₹5,000 crore bond issue at a 7.75% coupon rate.  This is APSEZ’s largest rupee bond sale and first 15-year issuance. Inspired by the mutual fund ‘Mutual Fund Sahi Hai’ campaign, the non-life insurance industry has launched the “Acha Kiya Insurance Liya” drive to boost awareness and penetration. Hello viewers! Guess what? We're now on WhatsApp Channels! Dive into real-time news updates, insights, and much more. Follow us: https://whatsapp.com/channel/0029Va6c... Subscribe to BS Hindi YouTube Channel:    / @bshindinews   Download the all-new Business Standard app: https://bit.ly/App-BS Join us:   / bsindia     / bsindia     / business.standard