The bank's vision is to continue being a trusted partner for Sri Lankans worldwide by enhancing accessibility, leveraging ...

The Commercial Bank of Ceylon has announced that ComBank Digital, the bank’s digital banking platform, is now linked with the Central Depository System (CDS) of the Colombo Stock Exchange (CSE), ...

Context The Sri Lankan government is currently facing a significant burden due to high interest costs on Treasury Bonds, ...

Sri Lanka's central bank has excluded excess reserves from the reported monetary base, due to a definition in an ...

Sri Lanka's cascading power failure on February was came from the inability of grid to recover from shocks due to a large ...

Elite customers of the Commercial Bank of Ceylon are set to experience a new paradigm in service and convenience with the launch of a Visa Signature Elite Debit Card exclusively for them. Coinciding ...

As the Reserve Bank of India's (RBI) monetary policy committee (MPC) cut repo rate by 25 basis points on Friday, it is seen as the start of interest rate cut cycle. Typically, a cut in repo rate ...

The 25 bps cut is expected to prompt banks to decrease their lending rates, making loans more affordable for borrowers. However, this move may also result in a decrease in fixed deposit interest ...

While the rate cut may prompt banks to lower loan interest rates, it could also reduce fixed deposit rates, affecting customers, including senior citizens. The repo rate increase or decrease has a ...

One must compare the interest rates of different banks before finalising the bank. 2. Locking period for fixed deposits: Choose the locking period wisely as the locking period of FDs may differ.