Banking

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    BB serves notice on NRBC Bank chairman

    Staff Correspondent | Updated at 12:32am on June 21, 2017

    Bangladesh Bank has issued a show-cause notice to NRB Commercial Bank chairman Farasath Ali asking him to explain why he placed ‘false information’ before the...

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    Banks asked to keep open some branches in June 23-24

    Staff Correspondent | Updated at 12:29am on June 21, 2017

    Bangladesh Bank on Tuesday asked schedule banks to keep open some of their branches connected with apparel industries on June 23 (Friday) and 24 (Saturday)...

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    Proposed budget long on hopes but short on measures

    Staff Correspondent | Updated at 12:27am on June 21, 2017

    The World Bank on Tuesday said that the proposed budget for the upcoming fiscal year was full of ambitious targets, but devoid of specific actions...

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    2 lakh loan defaulters

    Staff Correspondent | Updated at 12:09am on June 21, 2017

    Finance minister Abul Maal Abdul Muhith on Tuesday told parliament that the number of loan defaulters in the country was now 2,02,623....

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    2.02 lakh loan defaulters

    Staff Correspondent | Updated at 05:06pm on June 20, 2017

    Finance minister Abul Maal Abdul Muhith on Tuesday told parliament that the total number of loan defaulters now stands at...

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    Discussion underway to reduce excise duty, VAT: Muhith

    United News of Bangladesh | Updated at 01:38pm on June 20, 2017

    Finance minister AMA Muhith on Tuesday said they were discussing to reduce the amount of excise duty on bank deposits and the...

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    Bangladesh yet to get back $66.37m of stolen BB reserve

    United News of Bangladesh | Updated at 01:29pm on June 20, 2017

    Bangladesh did not get back USD 66.37 million of the stolen money of USD 101 million from Bangladesh Bank reserve till now...

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    Banks urge BB to allow 25pc interest on credit card loans

    Staff Correspondent | Updated at 11:23pm on June 19, 2017

    Commercial banks on Monday requested Bangladesh Bank to allow them to set around 25 per cent interest rate on loans disbursed through credit cards, revising...

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    Performance deals with SOBs turn into eyewash: economists

    Shakahwat Hossain | Updated at 11:07pm on June 19, 2017

    Annual performance agreements introduced three years ago by the government has failed to improve the performance of the state-owned banks....

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    BB disburses Tk 5,831.39cr thru 7 refinance schemes

    Staff Correspondent | Updated at 10:03pm on June 17, 2017

    Bangladesh Bank has disbursed loans amounting to Tk 5,831.39 crore as of April 30 from its seven refinance schemes for the country’s disadvantaged entrepreneurs, which has...

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