September 29, 2022
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7min
      Sarvodaya Development Finance (SDF) marked World Literacy Day by highlighting its education-related initiatives. World Literacy Day is marked each year on the 8th of September, and is being celebrated this year under the theme, “Transforming Literacy Learning Spaces”. World Literacy Day is an opportunity for individuals, organizations and societies to reflect on […]

September 23, 2022
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6min
      Sarvodaya Development Finance (SDF) marked World Literacy Day by highlighting its education-related initiatives. World Literacy Day is marked each year on the 8th of September, and is being celebrated this year under the theme, “Transforming Literacy Learning Spaces”. World Literacy Day is an opportunity for individuals, organizations and societies to reflect on […]

February 2, 2022
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3min
        Sarvodaya Development Finance (SDF), in its first earnings release since its IPO, announced excellent financial performance for the first 9 months of FY 2021/22, ended 31st December 2021. Compared against the same period in the year prior, the Company recorded a total profit growth of 48% or LKR 118 million, while […]

December 14, 2021
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4min
      The shares of Sarvodaya Development Finance Limited (CODE: SDF-N-0000) commenced trading on the Colombo Stock Exchange (CSE) today. The shares have been listed on the Main Board of the CSE under the “Consumer Finance’” sector. The occasion was marked with a special Bell Ringing Ceremony The listing follows a successful Initial Public […]

November 24, 2021
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4min
      24th November 2021, Colombo Sri Lanka: Sarvodaya Development Finance’s (SDF)          Rs. 1 billion Initial Public Offering (IPO) was oversubscribed on the initial opening day. The company secretary issued the announcement of the oversubscription within two hours of the opening. Underwritten by NDB Bank and Sampath Bank, the IPO was aimed at raising […]

November 22, 2021
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3min
      21 November 2021: Sarvodaya Development Finance (SDF) is set to enhance the standing of over 5,000 Sarvodaya societies islandwide with its Rs. 1 billion Initial Public Offering (IPO) opening tomorrow (23rd November). With a track record spanning over 6 decades, Sarvodaya Shramadana Movement uplifts and empowers rural masses, has a strong brand […]

November 22, 2021
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4min
      21 November 2021: Noting the potential of digitisation as a method of transforming ethical financing, Sarvodaya Development Finance (SDF) partnered with Mitra Innovation to connect the village of Kethsirigama to a number of digital platforms, thereby enhancing their ability to conduct business and achieve economic growth. The partnership with Mitra Innovation will […]

November 18, 2021
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5min
      18 November 2021, Colombo: Sarvodaya Development Finance (SDF), the financial services arm of one of Sri Lanka’s oldest social movements, the Sarvodaya Shramadana Movement, recently concluded its Investor Forum. The event followed SDF’s announcement of its Initial Public Offering (IPO) proposition that is scheduled for the 23rd of November, and successfully acted […]


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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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