📝 Summary
SANASA, once celebrated as a symbol of grassroots financial empowerment, is now revealing a deeply troubling contradiction in Sri Lanka’s financial architecture. Behind the familiar SANASA name exist three very different institutions a regulated development bank, an insurance business facing serious regulatory intervention, and hundreds of village-level cooperative societies operating outside the Central Bank’s direct […] The post SANASA’s Three-Way Crisis Exposes Sri Lanka’s Regulatory Failure appeared first on Lankanews.lk .