INSUBCONTINENT EXCLUSIVE:
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
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.
