Sri Lanka, July 9 -- The assurance given to senior citizens by Prime Minister Mahinda Rajapaksa that the special bank interest of 15% for their deposits would remain unchanged, will be welcome news to this group of citizens who had given the best years of their lives in the service of the country.

The Premier was refuting claims in certain media fuelled by the Opposition that the Special Bank Interest extended to senior citizens is to be slashed.

The Prime Minister who is also the Finance Minister categorically stated that there will be no reduction of interest for Senior Citizens' Accounts, rejecting outright news reports to the contrary.

Senior citizens would receive an interest amounting to 15% on the deposits subject to a ceiling o...