Friday, August 25, 2023

Central Bank Ordered Commercial Banks To Reduce Interest Rates On Lending Products

 The Central Bank of Sri Lanka ordered the all licensed  Commercial Banks and all the licensed specialized banks to reduce the Interest rates on lending products with effect from 25 th of August.


Accordingly the interest rates on pawning facilities ,pre arranged temporary overdrafts ,Credit card advances an new and existing Lankan rupees denominated lending products are also reduced adequately .


No comments:

Twenty One Member Cabinet Of The New Govt. Assumed. duties Today(19)

The 22 member Cabinet of the new government which was appointed yesterday (18) had assumed  duties in the respective Ministries today (19) i...