According to a decision taken by the Monetary Board which met yesterday, the Central Bank of Sri Lanka has lowered the policy interest rate further. Accordingly, the Regular Deposit Facility Rate (SDFR) will be reduced to 11 percent and the Regular Loan Facility Rate (SLFR) will be reduced to 12 percentby 200 basis points .
The Central Bank of Sri Lanka requests all commercial banks to provide the benefit of this interest reduction to the customers immediately.