Maldivian police remove one among the opposition members who tried to enter Parliament that remains closed following the state of emergency in Male.

CBSL opposes govt. move

to set up hybrid company

Many an eyebrow has been raised by a government move to set up a hybrid company as part of the controversial National Payment Platform (NPP) to facilitate ‘single button transactions’.

Central Bank Governor Dr. Indrajith Coomaraswamy has written to E. M. S. B. Ekanayake, Secretary to Prime Minister Ranil Wickremesinghe, that there is no need for setting up a separate hybrid company to handle clearing of retail payments. He has said the Central Bank of Sri Lanka (CBSL) owned national payment infrastructure provider, LankaClear (Pvt) Ltd. together with licensed commercial banks, is currently handling the task.



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