A major banking fraud has triggered alarm across Sri Lankaβs financial system, exposing gaps not only within a leading commercial bank but also in the countryβs broader regulatory framework. At the center of the controversy is National Development Bank PLC, which is grappling with the fallout from a Rs. 13.2 billion fraud involving internal staff [β¦] The post NDB Banking Scandal Raises Alarms Over Regulation And Stability appeared first on Lankanews.lk .