The Hon. Ravi Karunanayake

New Democratic Front· National List· 7 February 2025 ·Oral question: Oral Answers to Questions and Second Round Questions

Public Finance

AI summary generated by gpt-5.5

Ravi Karunanayake sought clarification on his earlier supplementary question regarding bank interest-rate spreads, asking why deposits earn about 3 per cent while loans are charged at 14–15 per cent. He argued that no bank should have a 10 percentage point spread and indicated that the previous answer had not addressed this point.

Verbatim record (translated)

Machine-translated from Sinhala / Tamil / English

¶ 01 A clarification, not my second supplementary. My first supplementary was: why pay 3% on deposits and charge 14%–15% on loans? No bank has a 10 percentage point spread. That is my question; you answered differently.

Provenance

Source: Hansard, Friday, 7 February 2025 ·No. 1739786070060795 ·English daily/uncorrected Hansard
Page · column: not yet extracted — page/column anchors are not in the current dataset; the source PDF is the citable location.
Permalink: /lk/speeches/23042

View source PDF ↗ Suggest a correction

Cite as: The Hon. Ravi Karunanayake. 10th Parliament, Parliament of Sri Lanka. Hansard, 7 February 2025. No. 1739786070060795. Politick, https://staging.politick.io/lk/speeches/23042