Divine Intervention

People’s Bank is anticipating a Rs. 8.5 billion cash injection from the State to shore up its capital account by mid next year. People’s Bank is anticipating a Rs. 8.5 billion cash injection from the State to shore up its capital account by mid next year.

"We submitted our proposals to SEMA. We are hopeful of being capitalised by June


Rata Salli


On Monday the bank came out with a reward scheme – Rata Salli – to
encourage more people working abroad to remit their money through
official channels.

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