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Confidence to boom after election – CBSL Governor EmptyToday at 7:45 pm by nihal123

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Confidence to boom after election – CBSL Governor EmptyYesterday at 8:55 pm by nihal123

» SEYB.N0000 (Seylan Bank PLC)
Confidence to boom after election – CBSL Governor EmptyYesterday at 6:54 pm by NIRMALSG

» Bull Market
Confidence to boom after election – CBSL Governor EmptyYesterday at 12:10 pm by puliyanam

» Thread for News on CSE and SL Economy
Confidence to boom after election – CBSL Governor EmptyMon Feb 24, 2020 3:53 pm by Backstage

» නොතේරෙන කමට කරපු මෝඩ වැඩේ....
Confidence to boom after election – CBSL Governor EmptySun Feb 23, 2020 8:41 pm by Backstage

» රාගම බ්‍රවුන්ස් රෝහල ඉෂාරගෙන් හැරීට. රු. බිලියන 1.6 ක ගනුදෙනුවක්
Confidence to boom after election – CBSL Governor EmptyFri Feb 21, 2020 8:53 pm by nihal123

» SAMP.N0000 (Sampath Bank PLC)
Confidence to boom after election – CBSL Governor EmptyThu Feb 20, 2020 6:47 pm by NIRMALSG

» Huge transactions expected to boost CSE in near future’
Confidence to boom after election – CBSL Governor EmptyThu Feb 20, 2020 12:45 pm by Backstage

» මිනිරන්වලට දසදහස් ගුණයක වටිනාකමක් ගෙන දෙන ඉෂාර නානායක්කාරගේ නවතම මෙහෙයුම
Confidence to boom after election – CBSL Governor EmptyThu Feb 20, 2020 9:57 am by nuwanmja

» Happy Birthday
Confidence to boom after election – CBSL Governor EmptyThu Feb 20, 2020 9:21 am by nuwanmja

» Thought for the day...
Confidence to boom after election – CBSL Governor EmptyThu Feb 20, 2020 12:01 am by sashimaal

» Gota's Era
Confidence to boom after election – CBSL Governor EmptyWed Feb 19, 2020 1:04 pm by කිත්සිරි ද සිල්වා

» හොදට තිබුණ රටක්
Confidence to boom after election – CBSL Governor EmptyWed Feb 19, 2020 9:46 am by කිත්සිරි ද සිල්වා

» In the Meantime, Within Our Shores !
Confidence to boom after election – CBSL Governor EmptyMon Feb 17, 2020 12:40 pm by කිත්සිරි ද සිල්වා

» How does the stock market work?
Confidence to boom after election – CBSL Governor EmptyMon Feb 17, 2020 11:07 am by කිත්සිරි ද සිල්වා

» An ex-businessman, now bankrupt,
Confidence to boom after election – CBSL Governor EmptySun Feb 16, 2020 9:24 pm by Backstage

» Oil, Gold & Silver Prices
Confidence to boom after election – CBSL Governor EmptyThu Feb 13, 2020 1:50 pm by කිත්සිරි ද සිල්වා

» ආර්ථික වර්ධන වේගය – දකුණු ආසියාවේ රටවල් 8කින් ශ්‍රී ලංකාව 6 වැනි තැනට
Confidence to boom after election – CBSL Governor EmptyWed Feb 12, 2020 11:47 pm by nihal123

» LOLC Holdings
Confidence to boom after election – CBSL Governor EmptyWed Feb 12, 2020 6:19 pm by NIRMALSG

» චීනය කොරෝනා මරණ සංඛ්‍යාව ගැන සැබෑ තතු සඟවන බවට තොරතුරු හෙළිවේ
Confidence to boom after election – CBSL Governor EmptyThu Feb 06, 2020 8:33 pm by nihal123

» VPEL.N0000 (Vallibel Power Erathna PLC)
Confidence to boom after election – CBSL Governor EmptyThu Feb 06, 2020 11:29 am by කිත්සිරි ද සිල්වා

» Obituary Notice.
Confidence to boom after election – CBSL Governor EmptyThu Feb 06, 2020 10:47 am by කිත්සිරි ද සිල්වා

» IOC පිරවුම්හල් හිමියන් පාරට බසී. මිල සමාන කරන්නැයි ඉල්ලයි
Confidence to boom after election – CBSL Governor EmptyThu Feb 06, 2020 10:37 am by කිත්සිරි ද සිල්වා

» කොරෝනා වෛරසය හමුවේ ලෝක වෙළෙඳපොළේ තෙල් මිල සීඝ්‍රයෙන් පහළට
Confidence to boom after election – CBSL Governor EmptyWed Feb 05, 2020 11:15 am by nihal123

» 2013 දී ශ්‍රී ලංකන් ගුවන් සේවයේ ඉහළ නිලධාරී බිරිඳකට ඩොලර් මිලියන 2ක අල්ලසක්
Confidence to boom after election – CBSL Governor EmptyTue Feb 04, 2020 12:53 pm by කිත්සිරි ද සිල්වා

» නව කොරෝනා වෛරසයේ ආර්ථික බලපෑම්
Confidence to boom after election – CBSL Governor EmptyMon Feb 03, 2020 11:16 pm by nihal123

» චීනයේ හුනාන් පළාතේ තවත් වයිරසයක් පැතිරයන බවට අනතුරු ඇඟවීමක්
Confidence to boom after election – CBSL Governor EmptyMon Feb 03, 2020 9:15 pm by serene

» ද ෆිනෑන්ස්, අර්ථසාධක අරමුදලේ රු. මිලියන 205 ක් ගිලියි
Confidence to boom after election – CBSL Governor EmptyMon Feb 03, 2020 12:29 pm by nihal123

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Confidence to boom after election – CBSL Governor EmptySat Feb 01, 2020 6:16 am by serene

» BPPL Holdings Limited
Confidence to boom after election – CBSL Governor EmptyFri Jan 31, 2020 8:41 pm by pathfinder

» මූල්‍ය සමාගම්වලින් භාගයක්ම දුවන්නේ අමාරුවෙන්
Confidence to boom after election – CBSL Governor EmptyFri Jan 31, 2020 8:08 pm by nihal123

» EPF ආයෝජනයට සූදානම්
Confidence to boom after election – CBSL Governor EmptyThu Jan 30, 2020 10:13 pm by nihal123

» Man’ who gave birth in Matara hospital says he doesn’t want his baby
Confidence to boom after election – CBSL Governor EmptyThu Jan 30, 2020 6:57 pm by Backstage

» ප්‍රතිපත්ති පොලී අනුපාතය අඩු කෙරේ
Confidence to boom after election – CBSL Governor EmptyThu Jan 30, 2020 10:54 am by nihal123

» Sri Lanka’s EPF bought shares with no approval, no analysis
Confidence to boom after election – CBSL Governor EmptyThu Jan 30, 2020 9:35 am by nihal123

» කොරෝනා නිසා ගෝලීය සමාගම් රැසකට බිලියන ගණනක් පාඩුයි
Confidence to boom after election – CBSL Governor EmptyWed Jan 29, 2020 10:33 pm by nihal123

» කොටස් වෙළෙඳපොළ සක්‍රීය වෙයි. දෛනික පිරිවැටුම රු. බිලියනය ඉක්මවයි. සියලු කොටස් ඒකක 51කින් ඉහළට
Confidence to boom after election – CBSL Governor EmptyWed Jan 29, 2020 10:20 pm by nihal123

» කොරොනා වෛරසයෙන් කොටස් වෙළෙඳපොළට දැඩි බලපෑම්
Confidence to boom after election – CBSL Governor EmptyTue Jan 28, 2020 2:39 pm by lanka

» LIOC.N0000 (Lanka IOC PLC)
Confidence to boom after election – CBSL Governor EmptyMon Jan 27, 2020 9:48 am by LSE

» බැඳුම්කර වංචාවේ වෝහාරික විගණන වාර්තාව පාර්ලිමේන්තුවට
Confidence to boom after election – CBSL Governor EmptyFri Jan 24, 2020 7:05 am by nihal123

» අසාදුගත ව්‍යාපාරිකයින්ට රජයෙන් දුන් සහනය මෙන්න
Confidence to boom after election – CBSL Governor EmptyFri Jan 24, 2020 6:37 am by nihal123

» සුරැකුම්පත් කොමිසමට නව සභාපතිවරයෙක්
Confidence to boom after election – CBSL Governor EmptyWed Jan 22, 2020 10:20 am by lanka

» කොටස් තැරැව්කරුවෝ අගමැති මහින්ද හමුවෙති
Confidence to boom after election – CBSL Governor EmptyMon Jan 20, 2020 9:29 pm by nihal123

» ශ්‍රී ලංකා කොටස් වෙළෙඳපොළ ඉතිහාසයේ දෙවැනි විශාලතම කොටස් ගනුදෙනුව අද
Confidence to boom after election – CBSL Governor EmptyThu Jan 09, 2020 9:59 pm by nihal123

» Hayleys MGT
Confidence to boom after election – CBSL Governor EmptyThu Jan 09, 2020 5:40 pm by subash

» Browns Investments update
Confidence to boom after election – CBSL Governor EmptyThu Jan 09, 2020 10:42 am by The Invisible

» Tokyo Cement
Confidence to boom after election – CBSL Governor EmptyWed Jan 08, 2020 10:48 pm by The Invisible

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Confidence to boom after election – CBSL Governor EmptyWed Jan 08, 2020 10:44 pm by The Invisible

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Confidence to boom after election – CBSL Governor EmptyWed Jan 08, 2020 10:39 pm by The Invisible

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Confidence to boom after election – CBSL Governor

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Confidence to boom after election – CBSL Governor Empty Confidence to boom after election – CBSL Governor

Post by Backstage on Fri Oct 11, 2019 4:09 pm


Confidence to boom after election – CBSL Governor

October, 11, 2019

Central Bank Governor Dr. Indrajit Coomaraswamy is optimistic that the consumer confidence and sentiment level will gradually pick up after the election.

Speaking further governor defended the monetary authority’s decision to impose caps on interest lending rates, insisting that it was an effort aimed at giving a strong boost to the economy to grow once the election cycle was over.

“Since the time that the deposit rate caps were introduced at the end of April. We have seen the average rated new deposit rates come down by 284 basis points. In that same period the average rated lending rate has come down by 87 basis points. Now of course banks can’t immediately pass on the new deposit rates because the stock of deposits that were in existence at the end of April take time to mature. Which why in the direction issued by the Central Bank to banks to bring down lending rate caps gives some time to bring these rates down gradually,” he said whilst addressing the media at the Central Bank today (11).

“So what we are saying is basically to pass on the reduction in the deposit rates that were generated by the imposition of the deposit cap to pass the loan to the bank customers and in an ideal world after the elections when confidence and sentiment will pick up, we will have a lending rate structure which can boost growth,” Governor added.

http://bizenglish.adaderana.lk/confidence-to-boom-after-election-cbsl-governor/
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