Banking

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    12 banks face Tk 10,833cr provision shortfall

    HM Murtuza | Updated at 12:00am on December 11, 2018

    Twelve scheduled banks in the country faced provision shortfall of Tk 10,833 crore in total at the end of July-September quarter this year....

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    India cenbank governor resigns amid RBI-govt tussle

    Reuters . Mumbai | Updated at 12:00am on December 11, 2018

    Reserve Bank of India Governor Urjit Patel resigned for ‘personal reasons’ on Monday, a decision analysts linked to intense pressure on the central bank from...

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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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