Nbfi sector News

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Local News

Governance in Crisis: Analyzing the NDB Financial Scandal and Regulatory Silence.

May 18, 2026 at 4:45 AM

The alleged Rs. 13.2 billion financial discrepancy at the National Development Bank (NDB) has triggered a national debate on institutional accountability, audit failures, and the effectiveness of oversight bodies in Sri Lanka.

14 sources

Local News

Image Source : lankanewsweb.net

National Savings Bank Launches Nationwide Digital Banking Awareness Campaign.

May 17, 2026 at 12:21 AM

7 sources

Finance

Nations Trust Bank Posts Strong Start to 2026 with 12% Profit Growth.

Nations Trust Bank (NTB) reports a solid 12% growth in Profit After Tax to LKR 4.6 billion for Q1 2026, driven by a 10% increase in loan growth and strategic portfolio expansion, including the acquisition of HSBC's retail business in Sri Lanka.

May 15, 2026 at 3:11 AM

10 sources

Finance

Image Source : independent.lk

NDB Bank Reports Q1 2026 Results Amidst Significant Fraud Adjustments.

May 3, 2026 at 1:54 AM

20 sources

Hopes Fade for Recovery of Rs. 13.2 Billion Lost in Major NDB Bank Fraud

Image Source : independent.lk

Local News•

May 2, 2026 at 7:33 PM

Hopes Fade for Recovery of Rs. 13.2 Billion Lost in Major NDB Bank Fraud.

Financial experts and banking officials suggest that recovering the Rs. 13.2 billion lost in the recent NDB fraud is highly unlikely due to the funds being converted into untraceable cryptocurrency. The situation has raised concerns regarding regulatory oversight and potential repercussions from the Financial Action Task Force (FATF).

8 sources

Finance

Strategic Leadership Reshuffle at NDB Wealth Management.

April 30, 2026 at 10:41 AM

NDB Wealth Management has announced several key senior management promotions aimed at strengthening its market position as Sri Lanka’s largest asset manager, overseeing over LKR 340 billion in assets.

20 sources

Strategic Leadership Reshuffle at NDB Wealth Management

Image Credit : businesscafe.lk

Technology

Tech Giants and Emerging Platforms Challenge UPI Market Concentration in India.

April 30, 2026 at 1:07 AM

6 sources

Local News

Image Source : divaina.lk

LOLC Finance Expands Strategic Footprint in Negombo with New Metro Branch.

April 29, 2026 at 7:58 PM

4 sources

Economy

Image Source : tbsnews.net

PKSF and SANEM Partner to Enhance Strategic Frameworks for Decent Employment.

April 24, 2026 at 1:36 AM

9 sources

Image Source : timesofindia.indiatimes.com

Finance•

April 21, 2026 at 7:11 AM

Reserve Bank of India Eases Restrictions on Offshore Rupee Derivatives.

The Reserve Bank of India has partially rolled back emergency curbs on offshore rupee derivative trades, signaling a shift toward normalizing market operations after a period of intense currency volatility.

7 sources

Technology

Nvidia Partner Victory Giant Records Major Hong Kong Stock Market Entry.

April 21, 2026 at 3:36 AM

Victory Giant Technology, a key supplier of printed circuit boards for Nvidia, saw its shares jump significantly during its Hong Kong market debut, marking the city's largest IPO this year.

31 sources

Image Credit : af.net

Local News

Nations Trust Bank Poised for Robust Growth Following Strong Financial Performance.

First Capital Research reports that Nations Trust Bank (NTB) is entering a phase of sustainable growth, supported by a clean balance sheet, improved asset quality, and strategic expansion plans including the acquisition of HSBC's retail operations in Sri Lanka.

April 20, 2026 at 12:18 AM

7 sources

Finance

Image Source : ft.lk

Deloitte Unveils 2025 Compensation Benchmarks for Sri Lanka's NBFI Sector.

April 8, 2026 at 6:32 AM

10 sources

Local News

Image Source : srilankachronicle.com

Industrial Growth and SME Support: Minister Handunneththi Engages with IMF.

April 6, 2026 at 12:58 PM

8 sources

Image Source : en.wikipedia.org

Local News•

April 6, 2026 at 5:06 AM

National Development Bank Reports LKR 13.2 Billion Internal Fraud.

National Development Bank PLC has uncovered an internal fraud amounting to LKR 13.2 billion, affecting a specific operational segment. The bank has assured that customer deposits remain secure and that its capital ratios stay within regulatory limits.

4 sources

Local News

National Development Bank Uncovers Internal Financial Irregularity Exceeding Rs. 380 Million.

April 2, 2026 at 3:43 PM

The National Development Bank (NDB) has reported a significant internal fraud exceeding Rs. 380 million, allegedly involving staff members working in collaboration with external parties.

8 sources

National Development Bank Uncovers Internal Financial Irregularity Exceeding Rs. 380 Million

Image Credit : sundaytimes.lk

Local News

Image Source : africanfinancials.com

Siyapatha Finance Delivers Impressive Fiscal Growth for 2025.

April 2, 2026 at 1:06 PM

12 sources

Technology

Image Source : ibtimes.com.au

India Poised to Become a Global AI Hub, Macquarie Predicts.

April 2, 2026 at 12:55 PM

9 sources

Business

Image Source : markets.financialcontent.com

Unilever Signals Major Strategic Shift Amidst Divestment Speculation.

April 1, 2026 at 11:18 AM

10 sources

Optimism Rises Among Japan's Industrial Giants, Bolstering Interest Rate Hike Plans

Image Source : www3.nhk.or.jp

Economy•

April 1, 2026 at 10:23 AM

Optimism Rises Among Japan's Industrial Giants, Bolstering Interest Rate Hike Plans.

Japan's large manufacturers report improved business sentiment for the fourth consecutive quarter, strengthening the Bank of Japan's justification for potential interest rate hikes despite global geopolitical tensions.

10 sources