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Thursday, 31 December 2015 - 10:02
CB hikes Statutory Reserve Ratio
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The Central Bank (CBSL) had decided to raise the Statutory Reserve Ratio (SRR) applicable to all rupee deposit liabilities of commercial banks by 1.50 percentage points to 7.50 per cent to be effective from the reserve week commencing 16 January 2016.

The Central Bank of Sri Lanka adds that it has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank unchanged at their current levels of 6.00 per cent and 7.50 per cent, respectively.

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