Notable
"But now, I think we are very open to seeing some projects"
The appointments are effective from September 16.
redit to government Rs188.7bn up to July compared to Rs901bn private credit
Samurdhi bill strengthens financial accountability within community-based banks and banking socities
NDB has informed the bourse that the fraud could lead to Rs.13.2bn loss
NDB addresses fraud incident, estimates loss and reinforces financial strength and stability
Net interest income improves
Sri Lanka Savings Bank staff will be offered a voluntary retirement scheme,
The banking regulations remains to be approved by parliament
The central bank together with banks are tightening security on an ongoing basis
The changes to the Recovery of Loans by Banks (Special Provisions) (Amendment) Bill seeks to delay 'parate execution'
This action grants scammers complete access to the mobile device, enabling them to control it remotely
Banks will have to limit exposures to 25 percent starting from January 2026
Rupee appreciation leads to parity changes in dollar credit
Reforms identified by a committee made up of IMF, World Bank and Central Bank officials
A budget for 2024 set aside 1.5-pct of GDP in allocations for possible bank recapitalization
| Latest | Last | |
|---|---|---|
| US Dollar | 332.3603 | 330.8514 |
| UK Pound | 440.9424 | 438.3450 |
| Euro | 368.4879 | 371.0168 |
| Yen | 2.0805 | 2.0916 |
| Aus Dollar | 227.4342 | 231.1659 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.5474 | 3.4202 |
| Korean Won | 0.2492 | 0.2479 |
| Oman Rial | 863.2287 | 859.3320 |
| Saudi Riyal | 88.5586 | 88.0955 |
| UAE Dirham | 90.4874 | 90.0766 |
| pts | % | |
|---|---|---|
| S&P SL20 | 6,365.57 | +0.26% |
| CSE All Share | 22,157.40 | +0.56% |
| Turnover Rs | 2975.05 million | 1193.67 million |
| Latest | Last | |
|---|---|---|
| 3-m bill | 7.61 | 7.84 |
| 6-m bill | 7.91 | 8.26 |
| 12-m bill | 8.23 | 8.3 |
| 3-yr bond | 9.24 | 9.25 |
| 5-yr bond | 9.82 | 9.56 |
| 8-yr bond | 10.50 | 10.48 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
Licensed banks have to set up BRUs by mid-May 2024 and fully comply with the guidelines by July 01
People's Bank is the second largest state bank by assets
BRUs will help guide and strengthen small and medium enterprises
Banks have warned that it would make them more cautions and SMEs are likely to have reduced access.
Lending rates urged to fall further
Banks operating within the Port City will be licensed by either the central bank or the country it is incorporated in.
He has previously functioned as chairman of the National Development Bank PLC
Cabinet approved changes to island's debt recovery laws to suspend sale of collateral by bank board resolution (parate)
.
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