Stakeholders at the Colombo bourse are calling for increased liquidity in the market to attract major international funds and investors saying unless this happens Colombo will remain a place attracting just small players.
With more state entities flocking to make forays into the publicly listed banks in the country, Sri Lanka Insurance Corporation (SLIC) recently received special approval from the Monetary Board of the Central Bank to purchase more than 10% in NDB Bank, according to SLIC sources.
