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Message: <blockquote data-quote="topkollek" data-source="post: 29002544" data-attributes="member: 510150"><h3>Banks seen slashing deposit rates while lending rates lag big time</h3> <ul> <li data-xf-list-type="ul">Banks have disproportionately cut deposit rates since the announcement of 250 basis points cut in policy rates  </li> <li data-xf-list-type="ul">Savers fall from frying pan to fire as negative real rates deepen while true inflation still remains red-hot</li> <li data-xf-list-type="ul">Banks engage in this game of re-pricing to make most money at the start of every monetary cycle </li> <li data-xf-list-type="ul">Sri Lanka lacks market oversight and anti-trust authorities to police and take action against unfair trade practices</li> </ul><a href="https://www.dailymirror.lk/breaking_news/Banks-seen-slashing-deposit-rates-while-lending-rates-lag-big-time/108-261948" target="_blank">https://www.dailymirror.lk/breaking_news/Banks-seen-slashing-deposit-rates-while-lending-rates-lag-big-time/108-261948</a></blockquote>

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