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NSB commences work for the New Year 2026 with religious observances

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NSB General Manager/CEO Shashi Kandambi addressing the yesterday’s ceremony

The National Savings Bank (NSB) ceremonially commenced work for the New Year 2026 on 1st January 2026 at the Bank’s Head Office in Colombo, marking the occasion with a series of religious observances aimed at invoking blessings for the institution, its employees, and the nation.

The event began with religious rituals, chanting of Pirith, and blessings, reflecting Sri Lanka’s rich spiritual and cultural traditions. These observances were conducted to seek strength, harmony, and guidance for the year ahead, while reaffirming the Bank’s commitment to ethical values, unity, and national development.

The occasion was graced by Jude Nilukshan, Director of the NSB, along with Shashi Kandambi, General Manager/CEO, Senior Deputy General Manager, K. Raveendran, Deputy General Managers, Assistant General Managers, members of the Corporate Management, representatives of trade unions, and the entire staff of the bank

Addressing the gathering, Shashi Kandambi, General Manager/CEO, stated that although 2025 was a year filled with challenges, the National Savings Bank was able to achieve remarkable progress and stability through collective effort, resilience, and strategic direction. She emphasized that the Bank’s achievements during the year were the result of dedication, teamwork, and the unwavering commitment of its employees.

She further noted that 2025 stood out as a significantly successful year for NSB, not only because the Bank recorded the highest profit in its history, but also due to the notable progress achieved across several key areas of operations, service delivery, and institutional development. These accomplishments, she highlighted, were a testament to the Bank’s strong customer relationships, sound governance, and focus on long-term sustainability.

Kandambi also stressed the importance of maintaining strong and trustworthy customer relationships in the year ahead, noting that customer confidence and service excellence would play a vital role in achieving even greater success in 2026. She encouraged all employees to work with unity, integrity, and professionalism for the advancement of both the institution and the country.

Expressing optimism about the future, she stated that the positive momentum and constructive trends experienced in 2025 are expected to continue and strengthen further in 2026, enabling NSB to contribute more meaningfully to national economic development and financial inclusion.

During the event, the entire staff of the NSB collectively pledged the State Oath for the year 2026, reaffirming their commitment to coexistence, modernization, cultural values, and responsible public service. This pledge symbolized the Bank’s dedication to ethical conduct, social responsibility, and nation-building.

Concluding the ceremony, the NSB extended its heartfelt wishes to all its valued customers, stakeholders, and the people of Sri Lanka, expressing hope that the New Year 2026 will be a year filled with prosperity, peace, and success for all.



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Opp. alleges CIABOC tool in govt.’s hands

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An opposition grouping alleged yesterday (18) that the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) had become a political tool in the hands of the JVP/NPP to suppress the Opposition both in and outside Parliament.

Former Minister Prof. G. L. Peiris accused the CIABOC of fabricating cases against political opponents by manipulating those summoned. He tore into the institution, alleging that it drove people to suicide.

Addressing the media at the former President Ranil Wickremesinghe’s Flower Road office, Prof. Peiris alleged that former SriLankan Airlines CEO, Kapila Chandrasena, had been a victim of that despicable strategy. Director General of CIABOC, ex-High Court Judge Ranga Dissanayake, had warned Chandrasena of dire consequences unless the latter fully cooperated with the Commission, Prof. Peiris said.

Prof. Peiris emphasised the responsibility on the part of all concerned to examine Chandrasena’s affidavit regarding the intervention made by the Director General.

Chandrasena committed suicide while being on bail in connection with an investigation into the alleged USD 2 mn bribe to facilitate an Airbus deal during the second term of President Mahinda Rajapaksa.

Prof. Peiris alleged that the CIABOC Director General had taken control of the Commission and was pursuing an agenda inimical to the law. (SF)

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Over 5,000 military personnel promoted to coincide with 17th anniversary of victory over terrorism

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In line with the 17th National War Heroes’ Commemoration Day, which falls on 19 May, a total of 5,289 Tri Service personnel have been granted promotions to their next respective ranks in recognition of their dedicated service rendered to the nation, the Defence Ministry announced.

The National War Heroes’ Commemoration Day is commemorated annually on 19 May to honour and appreciate the invaluable sacrifices and exemplary service of members of the Tri Forces who contributed immensely towards restoring peace and safeguarding the sovereignty of the motherland.

Accordingly, these promotions have been awarded, based on the recommendations of the respective Service Commanders, and in accordance with the established administrative procedures of the Tri Forces.

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Inclement weather: Kalutara District worst affected

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Kalutara is the worst affected district due to the prevailing adverse weather conditions. According to the Disaster Management Centre (DMC) of approximately 200 houses partially damaged so far, about 90% are in the Kalutara district.

DMC said that 22 houses had been damaged in the Ratnapura District, 14 in the Galle District, 4 in the Moneragala District, 25 in the Batticaloa District, 5 in the Colombo District, 4 in the Jaffna District, 25 in the Gampaha District, 2 in the Hambantota District, 2 in the Anuradhapura District, 5 in the Mannar District, and 2 in the Trincomalee District..

One house was destroyed in the Ratnapura District.

The DMC further stated that 1,582 families had been affected by the inclement weather.

The affected families are in 66 Divisional Secretariat divisions across the country.

Accordingly, a total of 5,267 individuals from 1,582 families have been impacted by adverse weather, according to the statement issued by the Centre.

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