Central Bank requests reduction in interest rate of deposits

COLOMBO (News 1st) – The Central Bank of Sri Lanka has requested licensed banks and Non-Bank Financial Institutions to reduce interest rates on deposits made by the Small and Medium Enterprises in particular, with effect from April 29, 2019. Interest rates on savings and other deposits with tenures less than 3 months offered by licensed banks […]

Central Bank requests reduction in interest rate of deposits

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