Home » CB Governor urges banks to promptly take actions to drop lending rates

CB Governor urges banks to promptly take actions to drop lending rates

written by MIAP Source

Colombo (LNW): Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe urged all licenced banks to promptly take necessary actions to drop the lending rates, in compliance with the recent drop of policy interest rates declared by the CBSL.

Any insufficient and delayed adjustments by the banking and financial sector may compel the CBSL to consider implementing administrative measures, he added.

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written by MIAP Source

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