DAILY G.A UPDATE : 26-08-2016
1. RBI retains too big to fail tag for SBI, ICICI Bank
1. RBI retains too big to fail tag for SBI, ICICI Bank
RBI today retained too big to fail tag for the state-owned SBI and private lender ICICI Bank for the second year in a row, calling them systemically important banks for 2016 requiring higher level of supervision.
In 2015, these two were identified for the first time as the domestic systemically important banks.
Systemically important banks are subjected to higher levels of supervision to prevent disruption to financial services in the event of any failure. Based on the Domestic Systemically Important Banks (D-SIBs) Framework and data collected from lenders as on March 31, 2016, these two have again been declared D-SIBs in 2016. "RBI has identified State Bank of India (SBI) and ICICI Bank as Domestic Systemically Important Banks (D-SIBs) in 2016 and has retained their bucketing structure as it was last year," the central bank said in a statement. The additional Common Equity Tier 1 (CET1) requirement for D-SIBs has to be done in phases. For these two, it has already been phased in from April 1, 2016, and will become fully effective April 1, 2019.
2. SRK, Akshay, Salman, Amitabh in Forbes list of highest paid actors
Bollywood stars Shah Rukh Khan, Amitabh Bachchan, Salman Khan and Akshay Kumar are among the world’s highest paid actors of 2016, raking as many dollars as Hollywood heavyweights Robert Downey Jr and Brad Pitt, according to a Forbes list topped by wrestler-turned-actor Dwayne Johnson.
Shah Rukh, whose repertoire contains films from ‘Dilwale Dulhaniya Le Jayenge’ to ‘Chak De India’, is ranked 8th on the list of 20 of the ‘World’s Highest Paid Actors 2016’, tied with ‘Iron Man’ Downey Jr with earnings of $33 million.
Akshay is tied with Hollywood heartthrob Pitt for the 10th position with earnings of $31.5 million.
‘Bajrangi Bhaijaan’ Salman is ranked 14th on the list with earnings of $28.5 million, ahead of Oscar-winning actor Leonardo Dicaprio, who is ranked 15th with earnings of $27 million and ‘Independence Day’ star Will Smith who comes in on the 17th spot with $20.5 million.
Bachchan is on the 18th rank with earnings of USD 20 million, ahead of Oscar-winner Matthew McConaughey (19) and ’Star Wars’ legend Harrison Ford (20).
The list of the top-earning actors comes days after Forbes released the list of the highest-paid actresses in the world.
Deepika Padukone, 30, made her debut among world’s top 10 highest paid actresses, with earnings of $10 million. She was the only Indian actress and the sole newcomer in the list, coming in at the 10th spot.
In Forbes’ rankings, all of the highest- paid actresses are under 50, while 45 per cent of the actors are 50-plus, with Ford and Bachchan in their 70s.
3. Ronaldo crowned UEFA Best Player in Europe
Real Madrid superstar Cristiano Ronaldo won the UEFA Best Player in Europe Award after winning both last season's Champions League and Euro 2016 with Portugal.
Ronaldo, received the accolade for the second time in his career after finishing ahead of Real team-mate Gareth Bale and Atletico Madrid's Antoine Griezmann.
Ronaldo struck the winning spot-kick as Real claimed a record 11th European Cup title, beating city rivals Atletico on penalties in May, before leading his country to Euro 2016 glory.
Ronaldo scored three goals en route to the final of the tournament to equal France's Michel Platini's record of nine goals in the European Championship finals.
The award was voted for by journalists from each of UEFA's 55 member associations. Norway striker Ada Hegerberg won the women's award, ahead of France's Amandine Henry and Dzsenifer Marozsan of Germany, after helping Lyon lift the Women's Champions League trophy in addition to the French league and cup double.
4. Unified Payments Interface to go live for customers of 21 banks
The National Payments Corporation of India (NPCI) said that its Unified Payments Interface (UPI) has started and for now it will go live for customers of 21 banks.
According to NPCI, the UPI application of 19 banks can be downloaded from Google Play Store in next two to three working days.
The list of banks providing the app on Google Play Store are: Andhra Bank, Axis Bank, Bank of Maharashtra, Bhartiya Mahila Bank, Canara Bank, Catholic Syrian Bank, DCB Bank, Federal Bank, ICICI Bank, TJSB Sahakari Bank, Oriental Bank of Commerce, Karnataka Bank, UCO Bank, Union Bank of India, United Bank of India, Punjab National Bank, South Indian Bank, Vijaya Bank and YES Bank.
According to NPCI, two banks - IDBI Bank and RBL Bank - are on-boarded as issues. The customers of the two banks can download any UPI enabled apps and link their account.
In 2015, these two were identified for the first time as the domestic systemically important banks.
Systemically important banks are subjected to higher levels of supervision to prevent disruption to financial services in the event of any failure. Based on the Domestic Systemically Important Banks (D-SIBs) Framework and data collected from lenders as on March 31, 2016, these two have again been declared D-SIBs in 2016. "RBI has identified State Bank of India (SBI) and ICICI Bank as Domestic Systemically Important Banks (D-SIBs) in 2016 and has retained their bucketing structure as it was last year," the central bank said in a statement. The additional Common Equity Tier 1 (CET1) requirement for D-SIBs has to be done in phases. For these two, it has already been phased in from April 1, 2016, and will become fully effective April 1, 2019.
2. SRK, Akshay, Salman, Amitabh in Forbes list of highest paid actors
Bollywood stars Shah Rukh Khan, Amitabh Bachchan, Salman Khan and Akshay Kumar are among the world’s highest paid actors of 2016, raking as many dollars as Hollywood heavyweights Robert Downey Jr and Brad Pitt, according to a Forbes list topped by wrestler-turned-actor Dwayne Johnson.
Shah Rukh, whose repertoire contains films from ‘Dilwale Dulhaniya Le Jayenge’ to ‘Chak De India’, is ranked 8th on the list of 20 of the ‘World’s Highest Paid Actors 2016’, tied with ‘Iron Man’ Downey Jr with earnings of $33 million.
Akshay is tied with Hollywood heartthrob Pitt for the 10th position with earnings of $31.5 million.
‘Bajrangi Bhaijaan’ Salman is ranked 14th on the list with earnings of $28.5 million, ahead of Oscar-winning actor Leonardo Dicaprio, who is ranked 15th with earnings of $27 million and ‘Independence Day’ star Will Smith who comes in on the 17th spot with $20.5 million.
Bachchan is on the 18th rank with earnings of USD 20 million, ahead of Oscar-winner Matthew McConaughey (19) and ’Star Wars’ legend Harrison Ford (20).
The list of the top-earning actors comes days after Forbes released the list of the highest-paid actresses in the world.
Deepika Padukone, 30, made her debut among world’s top 10 highest paid actresses, with earnings of $10 million. She was the only Indian actress and the sole newcomer in the list, coming in at the 10th spot.
In Forbes’ rankings, all of the highest- paid actresses are under 50, while 45 per cent of the actors are 50-plus, with Ford and Bachchan in their 70s.
3. Ronaldo crowned UEFA Best Player in Europe
Real Madrid superstar Cristiano Ronaldo won the UEFA Best Player in Europe Award after winning both last season's Champions League and Euro 2016 with Portugal.
Ronaldo, received the accolade for the second time in his career after finishing ahead of Real team-mate Gareth Bale and Atletico Madrid's Antoine Griezmann.
Ronaldo struck the winning spot-kick as Real claimed a record 11th European Cup title, beating city rivals Atletico on penalties in May, before leading his country to Euro 2016 glory.
Ronaldo scored three goals en route to the final of the tournament to equal France's Michel Platini's record of nine goals in the European Championship finals.
The award was voted for by journalists from each of UEFA's 55 member associations. Norway striker Ada Hegerberg won the women's award, ahead of France's Amandine Henry and Dzsenifer Marozsan of Germany, after helping Lyon lift the Women's Champions League trophy in addition to the French league and cup double.
4. Unified Payments Interface to go live for customers of 21 banks
The National Payments Corporation of India (NPCI) said that its Unified Payments Interface (UPI) has started and for now it will go live for customers of 21 banks.
According to NPCI, the UPI application of 19 banks can be downloaded from Google Play Store in next two to three working days.
The list of banks providing the app on Google Play Store are: Andhra Bank, Axis Bank, Bank of Maharashtra, Bhartiya Mahila Bank, Canara Bank, Catholic Syrian Bank, DCB Bank, Federal Bank, ICICI Bank, TJSB Sahakari Bank, Oriental Bank of Commerce, Karnataka Bank, UCO Bank, Union Bank of India, United Bank of India, Punjab National Bank, South Indian Bank, Vijaya Bank and YES Bank.
According to NPCI, two banks - IDBI Bank and RBL Bank - are on-boarded as issues. The customers of the two banks can download any UPI enabled apps and link their account.
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