- Last Update 2024-07-02 13:56:00
CB to meet finance companies on new restrictions
The Central Bank (CB) will meet all finance companies on Thursday to discuss matters pertaining to restricting them from mobilising public deposits, senior CB officials said.
“We want to open this discussion to them,” a senior CB official said adding that this will not be done in the short term and that the regulator is keenly studying the Indian model where finance companies borrow from the banks to carry out their operations. "We'll let the local finance companies utilise their existing deposits and then we want to bring in fresh regulations pertaining to deposit mobilisation and request ideas from the finance companies.” - (DEC)
-
Still No Comments Posted.
- June 29, 2024 - 878 - 0
Israeli Tourist found safe after three-day search in Trincomalee
Tamar Amitai, a 25-year-old Israeli tourist who went missing in Uppuveli, Trincomalee, was found safe after a three-day joint search operation today.
- June 28, 2024 - 316 - 0
Former MP Hirunika Premachandra sentenced to three years RI
The Colombo High Court today (28) sentenced former parliamentarian Hirunika Premachandra to three years of Rigorous Imprisonment over charges of the involvement of an abduction.
- June 26, 2024 - 191 - 0
All bilateral loans postponed until 2028; President
In his special statement, President Ranil Wickremesinghe announced that debt restructuring agreements will postpone all bilateral loan payments to foreign countries until 2028. Additionally, Sri Lanka will have until 2043 to repay these loans on concessional terms.
Related Articles
Sampanthan’s remains to lie-in-state in Parliament on Wednesday
- 01/07/2024 - 57 - 0
CoPF approves Telecommunications (Amendment) Bill
- 01/07/2024 - 66 - 0
Indian PM Modi express condolences on passing of late TNA leader Sampanthan
- 01/07/2024 - 45 - 0
Parinda took oaths as Acting AG
- 01/07/2024 - 116 - 0
Leave Comments