| 4. National Savings Bank established by the National Savings Bank Act, No. 30 of 11.1971. SCHEDULE IV [(Section 76C (4) ]
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| (a) accepting time and savings deposits and opening, maintaining and managing deposit, savings and other similar accounts excluding however the carrying on of banking business as defined in this Act. | | |
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| (b) granting loans and advances or participating with other financial institutions in granting loans or advances, or participating with other financial institutions in granting loans or advances to any enterprise engaged or about. engage in industry, agriculture or commerce, or to any other enterprise: | | |
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| (c) granting loans or advances-
| | | (i) for the purchase or lease of any land for the construction of a dwelling house ; |
| (ii) for the construction, repeal, renovation or internal of a dwelling house ; |
| (iii) for the purchase or lease of a dwelling house; |
| (iv) for any purpose incidental, accessory or ancillary to may purpose mentioned in (i), (ii) and (iii) above; or |
| (v) for the liquidation of any debt already incurred tan any purpose mentioned in (i), (ii), (iii) and (iv) above; |
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| (e) providing short-term, loans and advances to any industrial, agricultural, commercial or other enterprise and financing or lending in the institutional money market; | | |
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| (f) arranging, guaranteeing, managing and syndicating loan either in rupees or foreign currency for any public or private company, corporation or association or for the Government or any local government authority whether from its own resources or from other banks and financial institutions: | | |
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| (h) undertaking wholesale lending to financial institutions; | | |
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| (i) promoting and assisting in the promotion, establishment, expansion and modernization, of any industrial, agricultural, commercial or other enterprise including participating in raising capital both internal and external for such enterprise; | | |
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| (j) guaranteeing loans raised or to be raised by industrial agricultural, commercial and other enterprises from financial institutions or participating with, other financial institutions in guaranteeing such loans; | | |
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| (k) guaranteeing deferred payments due from any industrial, agricultural, commercial and other enterprises ; | | |
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| (l) guaranteeing obligations of financial institutions arising out of the underwriting of capital issues of industrial, agricultural, commercial and other enterprises; | | |
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| (m) participating in the equity of industrial, agricultural, commercial and other enterprises, and. subscribing to, or purchasing or underwriting, the issue of stocks, shares bonds or debentures of any such enterprises, and selling and dealing in such stocks, stores, bonds or debentures ; | | |
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| (n)converting a part or whole of the bank's loans to industrial agricultural, commercial and other enterprises, and in subscriptions to bonds or debentures issued by any and enterprise, into equity capital ; | | |
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| (o) mobilising and promoting savings and for that purposes issuing and dealing in savings certificates and other bonds, certificates and instruments ; | | |
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| (p) accepting, discounting rediscounting, buying, selling and dealing in bills of exchange, promissory notes, copouts, drafts, debentures, certificates, scrip and other instruments and securities whether transferable or negotiable or not, of industrial, agricultural, commercial and other enterprises ; | | |
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| (q) promoting and introducing specialised financial products, services, packages and instruments; | | |
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| (r) providing money bricking and margin trading facilities ; | | |
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| (s) assisting in the development of capital and money markets; | | |
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| (t)undertaking trust functions including acting a managers of Unit Trust; | | |
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| (u) borrowing or accepting deposits from the Government or of agencies or institutions acting on belt of the Government ; | | |
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| (v) acting as agents for and administering the funds of any statutory body, corporation or other institution; | | |
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| (w) managing, supervising, controlling or participating in managing, supervising or controlling any industrial, agricultural, commercial or other undertaking of a customer for the purpose of protecting the interest of the bank in any loan granted by that bank; | | |
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| (x)saying excising debts of organisations on a commercial basis and providing, interest swap facilities and interest arbitrate facilities; | | |
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| (y)providing such services as technical, financial, management or administrative advice and assistance to industrial, agricultural, commercial and other enterprises; | | |
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| (z) assisting industrial agricultural, commercial and other enterprises in financial restructuring, amalgamations. Reconstructions, takeovers and mergers. | | |
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| (aa) undertaking portfolio management | | |
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| (bb) undertaking development projects, including pilot projects, in industry, agriculture, commerce and other fields | | |
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| (cc) buying, selling and dealing in bullion and specie and engaging in operations in exchange; | | |
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| (dd) granting and issuing letter* of credit and circular notes; | | |
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| (ee) receiving in consideration of the functions the bank may be performing, commissions, brokerage, interest, remuneration or fees ; | | |
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| (ff) undertaking rehabilitation of sick industries; | | |
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| (gg) setting up or assisting the setting up of the necessary * organisation for selling or marketing any product of any agricultural or industrial undertaking; | | |
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| (hh) engaging in the construction of warehouses, godowns, stores and buildings required for agricultural, industrial and commercial activities; | | |
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| (ii) acquiring of purchasing any movable or immovable property or any industrial agricultural commercial or other enterprises and managing or arranging for the management of such property or enterprise and selling or otherwise disposing of such property or enterprise. | | |
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| (jj) Purchasing leasing letting or hire selling outright or selling on a hire-purchase basis warehouses, godowns stores and building machinery equipment and other goods; | | |
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| (kk)Investing moneys if the bank: | | |
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| (ll) conducting survey studies and seminars in the sold of economics, finance, development- management and related fields; | | |
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| (mm) conducting lotteries. and prize competitions | | |
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| (nn)any other business which the Monetary Board of the Central Bank of Sri Lanka may authorise a specialised licensed Bank to engage in: | | |
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Sri Lanka Consolidated Acts