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Saturday December 2nd, 2023
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In the first set of controls, ceilings would be imposed on selected credit products
Bangladesh expects the next installment within two weeks, the newspaper said.
Rupee asset values down amid currency gain
Sri Lanka is to refund advance income tax (AIT) deducted on interest income of senior citizens, IRD announced.
Welfare Benefit Payment Scheme under the Welfare Benefit Act will be taken up on May 12
Expected to increase crisis management powers
Trading gains fell 101.13 percent to 40 million rupees from the same quarter last year.
Money to be used to bolster deposit insurance scheme
Output gap targeting is to be legalized in a controversial new monetary law
The three credit and two debit cards will work on Sri Lanka's Lanka Pay Network and also on JCB's international network
This expectation is driven by SCBSL's status as a branch of SCB
Fitch Ratings said it has confirmed Citibank N.A. Colombo Branch’s (CitiSL) National Long-Term Rating at ‘AAA(lka)â...
Nine banks accounting for 90-pct of assets under the microscope
| Latest | Last | |
|---|---|---|
| US Dollar | 330.2942 | 315.1016 |
| UK Pound | 429.0139 | 401.1871 |
| Euro | 372.1704 | 343.1959 |
| Aus Dollar | 227.2526 | 211.5951 |
| Yen | 2.3820 | 2.1908 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.6453 | 3.5932 |
| Korea Won | 0.2342 | 0.2292 |
| Oman Rial | 780.3569 | 769.4973 |
| Saudi Riyal | 80.1114 | 78.9849 |
| UAE Dirham | 81.7952 | 80.6569 |
| pts | % | |
|---|---|---|
| S&P SL20 | 2,573.80 | 1.00% |
| CSE All Share | 9,073.41 | 0.65% |
| Turnover Rs million | 1,591,766,524.95 | 1,029,335,694.32 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 21.72 | 21.79 |
| 6-m bill | 19.55 | 20.31 |
| 12-m bill | 17.72 | 19.28 |
| 5-yr bond | 21.00 | 22.53 |
| 8-yr bond | 19.42 | 20.55 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 13.93 | 14.00 |
| Gilt Repo | 13.50 | 14.00 |
| I-m SLIBOR | - | - |
Private credit fall comes amid falling inflation and de-leveraging
Silvergate Bank had exposure to crypto assets that bubbled during Fed money printing
Changes are also planned to a Banking (Special Provisions) Act
Consultants have started work and they are working on five banks
After assessing the repayment capacity, to restructure the loans
Provisioning for bad loans and advances grew 20.6 percent to 5.3 billion rupees
Helped mainly by tax reversal despite provisions for bad loans amid a currency crisis.
To help finance imports of food, medicine and fertilizer
Accumulated impairments rose to 33.5 billion rupees from 19.2 billion rupees.
Net interest income up
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