Ideal Finance rebranded as Mahindra Ideal Finance


Ideal Finance rebranded as Mahindra Ideal Finance

This rebranding will form the bedrock on which the two joint venture partners (Mahindra Finance and Ideal Group) will build the vision of making Mahindra Ideal Finance one of the leading licensed finance companies (LFC) in Sri Lanka, the company said in statement.

In the past three-and-a-half years, SFBs have delivered robust 42 per cent compound annual growth rate (CAGR) followed by private banks at 13 per cent and foreign banks 8 per cent while loan growth for public sector banks was the lowest at 2 per cent during the same period.


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