Sri Lanka, Aug. 8 -- Growth driven by State commercial banks followed by private sector commercial banks Rupee deposit liabilities had risen by Rs.559.2 bn in the three months through March 2025 to Rs.12,883bn followed by another Rs.351.3 bn in the 2Q25 Due to the increase in the rupee deposit liability, the total required reserves went up to Rs.202.9 bn by the end of June 2025 Customer deposits in the licensed commercial banking sector continued to grow at a faster rate from 2024 through the second quarter of 2025 despite the interest rates on deposits slumping in line with the decline in market interest rates.

According to the Central Bank, the growth was driven by State commercial banks followed by private sector commercial banks with...