Banking

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    BB improperly keeps credit growth target unchanged: BGMEA

    Staff Correspondent | Updated at 11:11pm on January 31, 2017

    The Bangladesh Garment Manufacturers and Exporters Association on Tuesday said Bangladesh Bank improperly kept the private sector credit growth target unchanged in the half-yearly monetary...

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    FBCCI wants NPLs, capital flight curbed

    Staff Correspondent | Updated at 11:02pm on January 31, 2017

    The Federation of Bangladesh Chambers of Commerce and Industry on Tuesday demanded that Bangladesh Bank takes immediate step to reduce non-performing loans and curb money...

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    NRBs can open FC deposit accounts

    Staff Correspondent | Updated at 12:10am on January 31, 2017

    Bangladesh Bank on Monday said that Non-Resident Bangladeshis and persons of Bangladesh origin who have dual nationality and are residing abroad will be permitted to...

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    BB cuts NBFIs’ borrowing limit from call money market

    Staff Correspondent | Updated at 12:03am on January 31, 2017

    Bangladesh Bank has lowered the borrowing limit of the non-bank financial institutions from the inter-bank call money market...

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    ‘Fake’ directors, Tk 701cr shady loans: scams galore in NRBC

    AKM Zamir Uddin | Updated at 11:45pm on January 30, 2017

    Bangladesh Bank has found that the board of directors of recently-established NRB Commercial Bank was engaged in massive irregularities — from forging signatures of directors...

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    BB keeps major MPS targets unchanged eyeing GDP boost

    Staff Correspondent | Updated at 10:45pm on January 29, 2017

    Bangladesh Bank has kept unchanged the target of 16.50 per cent private sector credit growth, which has slowed in recent months, in the monetary policy...

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    BB unveils new MPS today

    Staff Correspondent | Updated at 10:16pm on January 28, 2017

    Bangladesh Bank may keep unchanged the private sector credit growth target in its monetary policy statement (MPS) for the January-June period of 2017 to be...

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    Lower remittance may hit GDP growth: BB

    AKM Zamir Uddin | Updated at 11:14pm on January 27, 2017

    Bangladesh Bank has projected that the growth of the country’s gross domestic product would be in the range of 7.1-7.3 per cent in the current...

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    India planning expansive budget despite growth, revenue worries

    Reuters . New Delhi | Updated at 10:59pm on January 26, 2017

    India’s finance minister is likely to borrow more than originally planned when he presents the budget on February 1, senior aides and officials said, despite...

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    Taka keeps fading against dollar

    Staff Correspondent | Updated at 10:50pm on January 26, 2017

    The taka has continued to depreciate against the US dollar over the last few weeks as the inflow of remittance decreased significantly due to many...

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