The document provides a weekly news update covering several topics: 1) The mutual fund industry is concerned about SEBI's plan to review a system that allows investors to take advantage of liquid fund cut-off timings, especially corporations investing just before weekends. 2) Food inflation fell for the third straight week to its lowest level in 12 months, driven by declines in pulses, fruits, and vegetables. 3) The RBI has imposed a six-month trading ban on three foreign banks - Standard Chartered, Societe Generale, and Ceylon - as part of an investigation into circular trading in government bonds.