Sri Lanka, Oct. 17 -- Leaders from Sarvodaya Development Finance (SDF), a member of Global Alliance for Banking on Values (GABV) highlighted significant regulatory barriers that are stifling critical financial inclusion initiatives in Sri Lanka, including restrictions on foreign funding and policy hurdles in expanding financial infrastructure such as mini-ATMs to underserved rural areas.

The concerns were raised at a press briefing held in Colombo for the Asia Pacific Chapter meeting of the Global Alliance for Banking on Values (GABV), a network of the world's leading sustainable banks.

The meeting, running from October 15-16, brings together top executives from 20 countries to discuss how ethical and sustainable financial practices can...