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

If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also ...

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

Sri Lanka's West Container Terminal built with India's Adani Ports and Special Economic Zone is expecting its first test ...

Sri Lanka's consumer prices fell by 4% in January, the highest deflation rate since July 1960, official data showed Friday, as the South Asian nation emerges from its worst economic meltdown. January ...

Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...

It may be noted that super senior citizen fixed deposits offer safety and guaranteed returns. Super senior citizens earn higher interest rates compared to senior and non-senior citizen depositors.

Can fixed deposit and recurring deposit rates be altered in Budget 2025? No. However, while the Budget may not directly affect interest rates for FDs and RDs, it could influence them indirectly ...

A fixed deposit (FD) allows a person to invest an amount of money at a set interest rate for a predetermined amount of time, ranging from seven days to ten years. According to the DCB Bank website, ...

Latest figures show another fall in the interest paid on fixed-rate savings products in banks. The average rate on household deposits was 2.6pc in November, down marginally from the previous month ...

BEIJING: Chinese leader Xi Jinping said relations between China and Sri Lanka faced a "historical opportunity" to foster ties, in talks with the island nation's President Anura Kumara Dissanayake ...

Irish households put less money into fixed-term deposit accounts in November with the vast majority of savers failing to lock higher rates. Banks have embarked on a period of lowering deposit ...