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 -
Former Chairman of SriLankan Airlines, Nishantha Wickramasinghe, arrested on allegation of corruption by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has been remanded until July 1 by the Colombo Magistrate court.
Deputy Minister of Finance and Economic Stabilization and NPP National List MP Harshana Suriyapperuma who is tipped to be named the next Finance Ministry Secretary resigned from Parliament today.
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