- Last Update 2025-06-21 16:16:00
India’s ICICI Bank’s Sri Lanka branch to close
India’s ICICI Bank’s branch in Sri Lanka, located in Colombo, is closing its operation, it was announced on Friday. No reason was given for the closure.
In a statement, the Central Bank said its Monetary Board having considered the request made by the ICICI Bank Ltd, India, has granted approval to close down business operations of ICICI Bank Ltd in Sri Lanka and cancel the licence issued to it in terms of the provisions of the Banking Act, No. 30 of 1988, subject to several terms and conditions.
“Upon the Director of Bank Supervision being satisfied with ICICI Bank Ltd complying with the terms and conditions imposed by the Monetary Board, the licence issued to ICICI Bank Ltd to carry on banking business, will be cancelled with effect from October 23.
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- June 12, 2025 - 467 - 0
Badminton: World No.2 ranked Anders to play exhibition match against Viren at MBA Courts on Friday
An exhibition badminton match between Sri Lanka’s youngest Olympian shuttler, Viren Nettasinghe, and Anders Antonsen, the World No.2 ranked in Men’s Singles, will take place at the Mercantile Badminton Association (MBA) Courts at Malalasekara Mawatha, Colombo 7 on Friday (13).
- June 11, 2025 - 167 - 0
Customs seize Rs. 119 Mn worth of cigarettes and whisky hidden in furniture shipment
In a major detection at the Ceylon Shipping Lines (CSL) warehouse in Colombo 09, Sri Lanka Customs officers uncovered a large consignment of contraband cigarettes and whisky concealed within a shipment declared as household furniture and personal goods.
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