Senior citizens’ fixed deposit interest rates increased

6 August 2024 10:42 am Views - 7846

Colombo, August 06 (Daily Mirror) - The Cabinet has approved the proposal to raise the annual interest rates for senior citizens' fixed deposits from 8.5% to 10%. 

Cabinet Spokesman Bandula Gunawardena said this increase will apply to deposits up to Rs. 1 million for a two-year term.