October 22, 2021
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5min
      Opens branches in Chunnakam, Nelliady, Ja-Ela and Kaduwela Adding momentum to its expansion drive, a key component of the company’s growth strategy, Ideal Finance Limited (IFL) opened four branches in strategic locations in the Western and Northern Provinces, strengthening its network to 17 locations. IFL, which earlier announced plans to more than […]

August 17, 2021
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6min
      Follows recent receipt of FDI from Indian financial sector giant Mahindra Further boosted by recent upgrading of rating by Fitch and company’s best-ever financial performance Ideal Finance Limited (IFL) has opened its 13th branch in Welimada, as part of the company’s massive expansion drive to more than double its branch network, by […]

July 21, 2020
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7min
Mahindra Finance, India’s leading Non-Banking Finance Company together with Ideal Finance Ltd, the finance arm of the Ideal Group, recently introduced a special COVID Sahana package to facilitate buyers of Mahindra personal and light commercial vehicles with affordable hire purchase plans. Mahindra Finance previously entered into a joint venture with Ideal Finance Ltd. in order […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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