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), ...

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

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

Ken Balendra fostered a more dynamic and a level playing market environment, the Securities and Exchange Commission of Sri ...

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 ...

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 ...

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 ...

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.

Although fixed deposit rates have been falling, there’s a good number of rates that are still very decent and worth giving a shot if you have some money lying around. You don’t even need a large stash ...