03. April 2025
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October 27, 2021
Business & EconomyFinance

Sarvodaya Development Finance to debut Initial Public Offering on path towards securing economic resilience

4min16
      26th October 2021 Sarvodaya Development Finance (SDF) recently announced its Initial Public Offering (IPO) proposition and will be allowing potential investors the ability to submit applications for the IPO, which will open on the 23rd of November 2021. SDF is a dynamic financial services provider that aims to uplift and empower rural […]
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October 12, 2021
Business & EconomyFinance

‘Smart Village App’ enables business growth and alternate economic development

4min10
      12th October 2021 Cognizant of the economic difficulties faced by rural villages due to the restrictions during the pandemic, Sarvodaya Development Finance (SDF), the financial services arm of one of Sri Lanka’s oldest social movements, the Sarvodaya Shramadana Movement, plans to launch the ‘Smart Village App’ to enable better connectivity and strengthen […]
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September 30, 2021
Business & EconomyFinance

Sarvodaya Development Finance appoints S.N. Senthilverl to its Board of Directors

1min0
29th September 2021 Sarvodaya Development Finance further strengthened its leadership ranks with the appointment of high net-worth investor on Colombo Stock Exchange (CSE) S.N. Senthilverl as a non-executive, non-independent Director, to the Board of Directors. Being an extremely active investor at the CSE, Senthilverl who has earned his MBA from University of Southern Queensland Australia, […]
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July 27, 2020
EconomyFinance

ACCA Member and Chairman Sarvodaya Development Finance Outlines Strategies to Revive SME’s

5min0
Sri Lanka’s SME sector, whilst being too big to fail can easily be overlooked by larger strategically important corporations during a crisis. ACCA Member and Chairman of Sarvodaya Development Finance, Channa de Silva recommends that small businesses, banks and the state need to change strategy to survive the economic fallout of Covid-19. Access to bank […]
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July 24, 2020
Education & HRFinance

Sarvodaya Development Finance launches “Nena Diriya” to uplift education in suburban and rural Sri Lanka

10min0
Sarvodaya Development Finance, a licensed Finance Company approved by the Central Bank of Sri Lanka, launched “Nena Diriya” Micro Leasing Loan with the aim of uplifting the education of children in suburban and rural parts of Sri Lanka by providing them access to purchase laptops at concessionary rates. The launch ceremony, attended by Sarvodaya Development […]
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July 1, 2020
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Finance

Sarvodaya Development Finance sails gracefully through turbulent weather to record a profit growth of 147%

5min2
Sarvodaya Development Finance (SDF), the financial services arm of the Sarvodaya Movement, sailed through the turbulent 2019-20 financial year to report a record profit growth. The finance company, which funds the charitable and social development activities of the Sarvodaya Movement across rural Sri Lanka, recorded one of its best years of financial performance against one […]
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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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