Banking

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    Indian state to challenge Modi’s cow slaughter ban

    Agence France-Presse. New Delhi | Updated at 10:18pm on May 28, 2017

    A southern Indian state announced Sunday it would go to the supreme court to challenge a federal ban on the sale of cows for slaughter,...

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    Transactions on secondary bond market in slow lane

    AKM Zamir Uddin | Updated at 10:15pm on May 28, 2017

    Transactions of Treasury bills and bonds in the secondary market has decreased significantly in the last two months as the rate of interest on the...

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    Bank clients fret over govt move to hike excise duty on deposits

    Staff Correspondent | Updated at 09:59pm on May 28, 2017

    Bank clients with relatively small-sized savings are worried as the government is set to hike excise duty on deposits in banks and financial institutions by...

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    Investment in NSCs surpass Tk 42,000cr in 10 months

    AKM Zamir Uddin | Updated at 11:15pm on May 27, 2017

    The net investment in the national savings certificates and bonds surpassed Tk 42,000 crore in the first 10 months of this fiscal year as a...

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    GDP-centric dev fails to spur job creation, pvt investment: CPD

    Staff Correspondent | Updated at 10:55pm on May 27, 2017

    The Centre for Policy Dialogue on Saturday observed that the current growth-driven development in the country could not generate sufficient employment and failed to achieve...

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    Most banks post better earnings in Q1

    Staff Correspondent | Updated at 11:22pm on May 26, 2017

    Despite increase in defaulted loans, comprehensive earnings per share of most of the listed banks increased during the first quarter of the year 2017 against...

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    Defaulted loans in state-run banks Tk 41,399.70cr

    Staff Correspondent | Updated at 11:20pm on May 26, 2017

    The eight state-run banks held 56.39 per cent or Tk 41,399.70 crore of the total defaulted loans in the banking sector as of March 31, 2017...

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    RCBC pays $21m fine to PH central bank

    Staff Correspondent | Updated at 11:12pm on May 24, 2017

    The central bank of the Philippines received around $10.50 million in fine more from the scam-hit Rizal Commercial Banking Corporation for its involvement in the...

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    S Alam Group tightening grip on IBBL as IDB cutting stake

    Staff Correspondent | Updated at 10:07pm on May 23, 2017

    Chittagong-based S Alam Group is tightening its grip on Islami Bank Bangladesh Limited as one of its (Group) newly established companies on Tuesday announced that...

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    BB asks banks to introduce EFT, RTGS in all branches

    Staff Correspondent | Updated at 11:27pm on May 22, 2017

    Bangladesh Bank on Monday asked scheduled banks to introduce electronic fund transfer (EFT) and real-time gross settlement (RTGS) services in all their branches by December...

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