Sep 09, 2020

PM calls on state banks to ease credit policies

Prime Minister Mahinda Rajapaksa, in his capacity as the Finance minister, instructed heads of state banks to adopt a relaxed policy in granting loans to the public affected by the economic crisis.

The announcement was made at a progress review meeting held at the Ministry of Finance today (09).

He had also said that people who find it difficult to repay loans and those who come to get new loans should not be unnecessarily inconvenienced in the banks.

Meanwhile, Minister of State Ajith Nivard Cabraal has said that the Sri Lanka Credit Information Bureau (CRIB) has been asked to pay more attention to the inconvenience caused to the public during the audit process.