Mumbai, Aug 13 (IANS) Amitabh Bachchan returns as host of the popular television quiz show 'Kaun Banega Crorepati' (KBC) when season 11 starts on August 19. At the trailer launch of the latest season, Big B made an engaging revelation: His loyal viewer for the show back home is none other than wife Jaya Bachchan!
"Everybody in my family watches 'KBC', but Jaya watches the show regularly. No matter what work she has, she will sit in front of the TV when the show starts. I would like to thank her publicly for that," said the megastar, at the trailer launch in Mumbai on Tuesday.
While his entire family -- including daughter Shweta Bachchan-Nanda and daughter-in-law Aishwarya Rai-Bachchan -- love the show, they are unable to participate owing to certain rules of the channel, he added.
"My family loves playing KBC at home -- sometimes Shweta plays, sometimes Aishwarya. We all sit together and discuss the questions and answers. However, as per the rules of Sony channel, my family cannot participate in the game show. So, I abide by their rules and keep them away from the show," he pointed out.
Asked if his seven-year-old grand-daughter Aaradhya watches the show, he replied: "Even Aaradhya has started watching the show now. She asks me questions about it and also tries to answer the questions when we all sit together and play the quiz at home."
The 76-year-old actor, who is extremely energetic and is doing back-to-back films at his age apart from hosting the game show, was quizzed on the secret behind his energy. "It's my job, I have to do it," he simply replied, adding he tries to do as much work as possible.
The tagline of season 11 is 'Ade raho', which translates to 'Be resolute'. When Big B, who completed 50 years in the Hindi film industry this year, was told that the line applies to his life as well, he replied: "I try to keep working. I keep doing whatever work I get. I am grateful that you think I have been resolute in life. I feel, as long as we live, we will have to keep fighting."
Mumbai, Aug 6 (IANS) The Reserve Bank of India (RBI) on Thursday came up with a fresh set of risk capital charges for banks investing in debt instruments such as mutual funds or exchange-traded funds (ETF).
RBI Governor Shaktikanta Das said that computation of total capital charge for market risk shall incorporate elements of both debt and equity instruments.
This will result in substantial capital savings for banks and is expected to give a boost to the bond market, he said.
As per RBI's extant Basel III guidelines, if a bank holds a debt instrument directly, it would have to allocate lower capital as compared to holding the same debt instrument through a Mutual Fund (MF) or Exchange Traded Fund (ETF).
This is because specific risk capital charge as applicable to equities is applied to investments in MFs or ETFs, whereas if the bank was to hold the debt instrument directly, specific risk capital charge is applied depending on the nature and rating of the debt instrument.
"It has therefore been decided to harmonise the differential treatment existing currently. At the same time, it is observed that a debt MF/ETF also has features akin to equity, since in the event of default of even one of the debt securities in the MF/ETF basket, there is often severe redemption pressure on the fund notwithstanding the fact that the other debt securities in the basket are of high quality," RBI's Statement on Developmental and Regulatory Policies said.
"Hence, it has been decided that the general market risk charge of 9 per cent will continue to be applied," it said.
As per the latest circular, the specific risk capital as percentage of the exposure investment in Central and State Government Securities has been kept at zero per cent, investment in other approved securities of Central government is also at zero per cent while in other approved securities guaranteed by state governments, it has been kept at 1.80 per cent.
For corporate bonds, those with AAA rating the specific risk capital charge has been kept at 1.8 per cent and for those with AA rating the charge has been kept at 2.7 per cent.
"In case of debt mutual fund/ETF which contains a mix of the above debt instruments, the specific risk capital charge shall be computed based on the lowest rated debt instrument/instrument attracting the highest specific risk capital charge in the fund," the circular said.