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The Central Bank of Sri Lanka (abbr. CBSL; Sinhala: ශ්රී ලංකා මහ බැංකුව, romanized: Sri Lanka Maha Bankuwa) is the monetary authority of Sri Lanka. It was established in 1950 under the Monetary Law Act No.58 of 1949 (MLA) and in terms of the Central Bank of Sri Lanka Act No. 16 of 2023, the CBSL is a body ...
In April 2014, Honda began an upgraded model of Activa with a 125 cc (7.6 cu in) engine and rebranded the model as Activa 125. Currently, both Activa-i and Activa 125 are sold in India along with traditional Honda Activa. Honda began selling the Activa-i in India, a cheaper and lighter version of the Activa, in December 2013.
The Governor of the Central Bank of Sri Lanka (CBSL) functions as the chief executive of the Sri Lankan central bank. The post is the ex-officio chairperson of the Monetary Board of Central Bank of Sri Lanka. Since its establishment in 1950, the CBSL has been headed by sixteen governors. The governor has two deputies and several assistant ...
LankaClear (formerly National Cheque Clearing House) is the largest payments infrastructure provider in Sri Lanka.Established in February 2002, the organization is owned by the Central Bank of Sri Lanka (CBSL) and all CBSL-licensed commercial banks in the country.
Lakshman Arjuna Mahendran is a Sri Lankan-born Singaporean economist and banker. [1] He is a former Governor of the Central Bank of Sri Lanka (CBSL), having been appointed by President Maithripala Sirisena in January 2015 and served until the end of his term on 30 June 2016. [2]
In early April President Gotabaya Rajapaksa offered the post of Governor of the Central Bank of Sri Lanka to Weerasinghe and he accepted the position. [17] [18] He assumed his duties as CBSL governor as of 7 April 2022. [19] He replaced Ajith Nivard Cabraal as his successor to become the 17th governor of the Central Bank of Sri Lanka. [20]
He served as the Governor of the Central Bank of Sri Lanka, holding the post from 1 July 2006 until his resignation on 9 January 2015. [ 2 ] [ 3 ] He again became the Governor of Central Bank of Sri Lanka in September 2021, replacing W. D. Lakshman , [ 4 ] and resigned again in April 2022.
The economy rebounded in 1997–98 with a growth of 6.4% and 4.7% – but slowed to 3.7% in 1999. For the next round of reforms, the central bank of Sri Lanka recommends that Colombo expand market mechanisms in nonplantation agriculture, dismantle the government's monopoly on wheat imports, and promote more competition in the financial sector ...