Banking

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    Bangladesh economic growth to slow down to 6.4pc in FY18: WB

    Staff Correspondent | Updated at 11:14pm on September 27, 2017

    The World Bank has projected that Bangladesh’s economic growth might slow down to 6.4 per cent in the fiscal year 2017-18 against the government’s target...

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    ADB retains lower GDP growth projection of 6.9pc for FY18

    Staff Correspondent | Updated at 10:11pm on September 26, 2017

    The Asian Development Bank on Tuesday retained its previous lower forecast of economic growth for Bangladesh at 6.9 per cent for the current fiscal year...

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    Ansar-VDP Unnayan Bank wants tax exemption

    Staff Correspondent | Updated at 10:57pm on September 24, 2017

    Despite making profit, Ansar-VDP Unnayan Bank has requested the government to exempt the bank from paying source tax and income tax and to consider the...

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    Farm loans disbursement soars in 2 months

    Staff Correspondent | Updated at 10:48pm on September 20, 2017

    Farm loans disbursement registered a 35.46 per cent growth in the first two months of this fiscal year (2017-18), compared with that in the same...

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    BB governor requests top remitters to campaign against hundi

    Staff Correspondent | Updated at 10:45pm on September 19, 2017

    Bangladesh Bank governor Fazle Kabir on Tuesday requested top remitters to campaign against using ‘hundi’ channel among the non-resident Bangladeshis with a view to increasing...

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    Loan defaulters barred from getting agent banking licence

    Staff Correspondent | Updated at 10:43pm on September 18, 2017

    Bangladesh Bank on Monday issued guidelines on agent banking, barring loan defaulters from getting licence to operate the services. Through the guidelines, the central bank...

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    Dhaka-Kolkata container train service trial run in October

    Jasim Uddin | Updated at 09:25pm on September 17, 2017

    Bangladesh and India are going to pilot the container train service between Dhaka and Kolkata next month to assess the feasibility of initiating the full-pledged...

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    Govt’s bank borrowing rises in Jul-Sept

    Staff Correspondent | Updated at 09:24pm on September 17, 2017

    The government’s borrowing from the banking sources suddenly increased in July-September of the current fiscal year 2017-18. Bangladesh Bank officials say the government is now...

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    Banks cut rate again in July

    Staff Correspondent | Updated at 10:27pm on September 15, 2017

    Interest rates on lending decreased further in July as commercial banks were forced to cut the rates against the backdrop of businesses’ persistent reluctance to...

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    Banks recover Tk 9,490.39cr in 14yrs, Tk 34,922cr still unpaid

    AKM Zamir Uddin | Updated at 09:57pm on September 14, 2017

    Country’s banks recovered only about 21 per cent or Tk 9,490.39 crore of their written off loans in last 14 years as they (banks) did not...

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