State Minister of Finance Ranjith Siyambalapitiya says that the analysis report pertaining to the interest rates applicable to the savings of senior citizens will be handed over to President Ranil Wickremesinghe next week.Siyambalapitiya revealed this, during a meeting with the committee appointed to conduct a comprehensive analysis and prepare a detailed report on the possibility of increasing interest rates for senior citizens savings, held at the Ministry of Finance today (17).During the meeting, the Finance State Minister instructed the committee to determine the feasible increase in interest rates, considering current cash flows and the countrys economic situation.Additionally, the need to regularize around 1.1 million accounts owned by citizens over 60 years of age has reportedly been emphasized.The committee has also been directed to investigate individuals maintaining multiple bank accounts and potentially depositing money from other parties into those accounts to earn higher interest rates.
Music
Trailers
DailyVideos
India
Pakistan
Afghanistan
Bangladesh
Srilanka
Nepal
Thailand
StockMarket
Business
Technology
Startup
Trending Videos
Coupons
Football
Search
Download App in Playstore
Download App
Best Collections