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Sri Lanka s Central Bank imposes new caps on vehicle loan ratios

In a decisive move to strengthen macroprudential policy and mitigate systemic financial risks, the Central Bank of Sri Lanka (CBSL), acting as the Macroprudential Authority, has issued new Directions to licensed financial institutions to impose maximum caps on loan-to-value (LTV) ratios for vehicle-related credit facilities. MORE..

18 Jul 2025 (4:39 PM)

Will take necessary action for the advancement of national, religious and social development- President

Will never hesitate to take necessary action for the advancement of national, religious and social development, stated President Anura Kumara Dissanayake while meeting the Maha Sangha in Kandy. MORE..

17 Jul 2025 (10:39 PM)

Tea traders call for legal action against low-quality production practices

A meeting was held yesterday (17) at the Presidential Secretariat between the Secretary to the President, Dr. Nandika Sanath Kumanayake, and officials from institutions related to the tea industry. MORE..

18 Jul 2025 (3:22 PM)

Resource : Ada Derana