- Last Update 2024-07-01 18:34:00
Changes to 15% interest scheme to benefit those retiring after Jan 31
The Central Bank on Friday was scheduled to issue a new directive to banks permitting senior citizens who retire after January 31, 2015 to open a new account at 15 per cent interest not exceeding Rs 1 million. Under the earlier guidelines, those reaching 60 years after January 31 (the cut-off date) were eligible to this special interest rate provided they had funds not exceeding a total aggregate of Rs. 1 million at that time. This shut out retirees after January 31 who would only then have had money from their pensions or EPF to open an account. - ENDS -
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- June 29, 2024 - 789 - 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 - 314 - 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 - 185 - 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.
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