The Hon. Ravi Karunanayake

New Democratic Front· National List· 25 September 2025 ·Oral question: Oral Answers to Questions

Public Finance

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Ravi Karunanayake sought a response on the financial performance of an institution with Rs. 196 billion in assets and Rs. 11 billion profit in 2024, noting that the net return was about 4.5 per cent. He questioned why returns on deployed capital appeared low when lending rates were reportedly 12–14 per cent and deposit rates 4–8 per cent, and asked for the relevant Minister’s view.

Verbatim record (translated)

Machine-translated from Sinhala / Tamil / English

¶ 01 Hon. Speaker, a response to that would be appropriate; it is an important matter.

¶ 02 My first supplementary on my question: With assets of Rs. 196 billion and profit of Rs. 11 billion in 2024, the net return is about 4.5%. Given lending rates reportedly at 12%–14% and deposit rates 4%–8%, the return on deployed capital seems low. What is your view?

Provenance

Source: Hansard, Thursday, 25 September 2025 ·No. 1759483897051145 ·English daily/uncorrected Hansard
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Cite as: The Hon. Ravi Karunanayake. 10th Parliament, Parliament of Sri Lanka. Hansard, 25 September 2025. No. 1759483897051145. Politick, https://staging.politick.io/lk/speeches/20052