Categories: Banking

2 Indian banks to end their operations in Sri Lanka

The two Indian private sector lenders Axis Bank and ICICI Bank to close their operations in Sri Lanka after the Central Bank of Sri Lanka has permitted. The licenses issued by Central Bank of Sri Lanka will be cancelled once the winding-up operations are complete. The two banks are no longer to carry their banking operations, including accepting deposits from the public in Sri Lanka.

Important takeaways for all competitive exams:

  • Sri Lanka Capitals: Sri Jayawardenepura Kotte; Currency: Sri Lankan rupee.
  • Prime minister: Mahinda Rajapaksa.

 

Find More Banking News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Booker Prize 2026 Shortlist: Six Novels, Authors and Key Facts

The six books shortlisted for the Booker Prize 2026 have been revealed, thus making them…

11 minutes ago

Ayushman Bharat Completes 8 Years, Covers Over 60 Crore People

The Ayushman Bharat – Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) is a programme that has…

26 minutes ago

Andhra Pradesh Police Launches AI Drone Portal, SafeStay App

Andhra Pradesh Police has introduced two technology-based portals for better surveillance and crime prevention. The…

46 minutes ago

Assam Government to Go Paperless From January 1, 2027 Under e-Office System

The Assam Government has declared that the January 1, 2027, will be the deadline for…

1 hour ago

RBI Revises REIT, InvIT Valuation Rules: Check New Framework

RBI has amended the classification, valuation, and operations of investment portfolios for Infrastructure Investment Trust…

2 hours ago

Rajat Sharma Re-Elected as NBDA President for 2026-27

India TV chairman & editor-in-chief Rajat Sharma has been elected as the president of News…

2 hours ago