Banking

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    WB approves $500m loan for livestock, dairy production

    United News of Bangladesh . Dhaka | Updated at 12:00am on December 10, 2018

    The World Bank approved $500 million to boost livestock and dairy production in Bangladesh so that the country could meet its growing demand for eggs,...

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    Farmers’ bank account no nears 1cr

    Staff Correspondent | Updated at 12:00am on December 09, 2018

    The number of ‘Tk 10 bank account’ targeting the marginal and landless farmers has now reached almost 1 crore with the addition of 6.48 lakh...

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    Remittance to hit $15.9b this year: WB

    Staff Correspondent | Updated at 12:00am on December 09, 2018

    Remittance inflow to Bangladesh this year will hit $ 15.9 billion with 17.9 per cent year-on-year growth, according to a World Bank report released on Saturday....

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    Tk 22,500cr plundered from banks in Bangladesh in 10 years: CPD

    Staff Correspondent | Updated at 09:37pm on December 08, 2018

    A total of Tk 22,502 crore has been plundered from the country’s banking sector through major scams, irregularities and heists in the last one decade, according...

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    RBI delays discussing easing curbs despite govt pressure

    Reuters . Mumbai | Updated at 12:00am on December 08, 2018

    A crucial Reserve Bank of India (RBI) sub-committee did not discuss easing lending curbs facing 11 state-run banks on Thursday despite intense pressure from the...

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    Banks reluctant to finance biodiversity sector: BIBM

    Staff Correspondent | Updated at 12:00am on December 07, 2018

    Country’s banks are less interested in financing the biodiversity sector, said Bangladesh Institute of Bank Management in a research report.BIBM unveiled the research report at...

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    Bad loans swell to Tk 1,00,000cr

    HM Murtuza | Updated at 12:48am on December 06, 2018

    Bad loans in the country’s banking system have increased to around Tk 1,00,000 crore amid a lack of political commitment to recovering defaulted loans.At the...

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    RBI chief draws veil over rift with Modi govt

    Reuters . Mumbai | Updated at 12:00am on December 06, 2018

    The Reserve Bank of India chief on Wednesday drew a veil over a public spat with the government, refusing to answer questions on a matter...

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    Visa, Mastercard propose tourist card fee cut to end EU probe

    Reuters | Updated at 12:00am on December 05, 2018

    Visa and Mastercard have offered to cut merchants’ charges for non-EU credit and debit cards by at least 40 per cent to end an EU...

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    Deposits in school banking accounts rise to Tk 1,428cr

    Staff Correspondent | Updated at 12:00am on December 05, 2018

    Total deposit in the school banking accounts increased to Tk 1,428.14 crore as of September 30 this year from Tk 1,254.23 crore as of September...

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