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SBI Clerk Notification 2022 to be released soon; check details here
The State Bank of India is expected to release the notification for SBI Clerk 2022 opening anytime this month
 "SBI Clerk Notification 2022 to be released soon; check details here")
Top Headlines: Demat account openings in June, PSB privatisation, and more
The Centre should privatise all PSBs, except the State Bank of India, a report by NCAER said. Read more on these in our top headlines
 "Top Headlines: Demat account openings in June, PSB privatisation, and more")
Mallya's $40-million transfer to family members that resulted in a $25 fine
Supreme Court penalises Vijay Mallya for disobeying its orders related to 2016 petition filed by SBI-led lenders' consortium
 "Mallya's $40-million transfer to family members that resulted in a $25 fine")
SC verdict in Mallya case will enhance recovery prospects: Bankers
Beyond the case, the decision also has demonstrative effect for sternly dealing with other big-ticket defaults, two senior officials with large banks said in a first-cut assessment.
 "SC verdict in Mallya case will enhance recovery prospects: Bankers")
CBI registers two separate cases in connection to Rs 2100 cr bank fraud
Central Bureau of Investigation (CBI) on Monday registered a case against a Mumbai-based private company over the allegations of fraud worth Rs 1,438.45 crore to the SBI and four banks.
 "CBI registers two separate cases in connection to Rs 2100 cr bank fraud")
CBI registers two separate cases in connection to Rs 2,100-cr bank fraud
Central Bureau of Investigation (CBI) on Monday registered a case against a Mumbai-based private company over the allegations of fraud worth Rs 1,438.45 crore to the SBI and four banks.
SC to pronounce verdict against Vijay Mallya in contempt case today
Mallya, who is in the United Kingdom since March 2016, was found guilty of contempt of court for transferring $40 million to his children, in a case filed by the State Bank of India
 "SC to pronounce verdict against Vijay Mallya in contempt case today")
Life Insurers to benefit once again from low-base effect in Q1FY23
Analysts are more bullish on stocks of private insurers
 "Life Insurers to benefit once again from low-base effect in Q1FY23")
SBI to auction NPA a/c Pioneer Gas for recovery of over Rs 180-cr loan
SBI will auction the account of Maharashtra-based Pioneer Gas and Power next month to recover loan dues of over Rs 180 crore from the company.
SBI renews MoU with Indian Air Force for defence salary package
Under this scheme, it will offer various benefits and features to all serving and retired Air Force personnel and their families.
Stocks to Watch Today: Adani Power, Biocon, Tata Steel, NTPC, PSU Banks
Stocks to Watch Today: Among airline shares, SpiceJet has reported seven aircraft related incidents in the last two months; while IndiGo said has hired over 1,500 cabin crew staff to counter likely at
 "Stocks to Watch Today: Adani Power, Biocon, Tata Steel, NTPC, PSU Banks")
SBI, Canara, Bank of Baroda plan to raise Rs 7,500 crore through AT-1 bonds
IOB also likely to tap debt capital market, say sources, though quantum of fund-raising being planned isn't clear
 "SBI, Canara, Bank of Baroda plan to raise Rs 7,500 crore through AT-1 bonds")
Shareholders turn down Reliance Power's asset monetisation plan
A report by Institutional Investor Advisory Services (IiAS) last month says that the company has defaulted on loans to the tune of Rs 3,561 crore as on March 31, 2022
 "Shareholders turn down Reliance Power's asset monetisation plan")
ITC, HUL, ICICI Bank help lift Sensex 327 pts; Nifty tops 15800; metals dip
CLOSING BELL: The gains in equities coincided with ease in bond yields, where the returns on 10-year government securities fell to a one-month low of 7.35 per cent
 "ITC, HUL, ICICI Bank help lift Sensex 327 pts; Nifty tops 15800; metals dip")
Stocks to Watch Today: RIL, HDFC, Birlasoft, IndiGo, Coal India, IT shares
Stocks to Watch Today: HDFC and HDFC Bank are likely to be in focus as the stocks exchanges have approved the proposed merger for these two corporates.
 "Stocks to Watch Today: RIL, HDFC, Birlasoft, IndiGo, Coal India, IT shares")
SBI to scale up gold loan business, start premium banking services
SBI agriculture cold loan portfolio increased to Rs 73,601 crore in FY22 from Rs 66,878 crore in FY2021 and personal segment, the gold loans book expanded by 9.89 per cent YoY to Rs 23,063 crore
 "SBI to scale up gold loan business, start premium banking services")
SBI, other PSU banks commit Rs 6,071 cr to Adani Group for copper business
Kutch Copper, a subsidiary of Adani Enterprises, is setting up a greenfield copper refinery project for production of refined copper with 1 million tonnes per annum in two phases
 "SBI, other PSU banks commit Rs 6,071 cr to Adani Group for copper business")
Former SBI official appointed member of advisory committee of SIFL & SEFL
The RBI Venkat Nageswar Chalasani, former Deputy Managing Director of SBI, as a member of the Advisory Committee of SIFL and SEFL on Thursday
 "Former SBI official appointed member of advisory committee of SIFL & SEFL")
Top 10 firms lose Rs 3.91 trillion in m-cap; TCS, RIL biggest laggards
Past week, the BSE Sensex plunged 2,943.02 points or 5.42%, while the NSE Nifty declined 908.30 points or 5.61%
 "Top 10 firms lose Rs 3.91 trillion in m-cap; TCS, RIL biggest laggards")
Recession fears hit global mkts; Sensex drops 1,046 pts, Nifty below 15,400
CLOSING BELL: The S&P BSE Sensex and the Nifty50 indices hit fresh 52-week lows as they spiraled 2 per cent down
 "Recession fears hit global mkts; Sensex drops 1,046 pts, Nifty below 15,400")
