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    12 banks face capital shortfall of Tk 23,612cr

    Staff Correspondent | Updated at 09:51pm on March 09, 2020

    The capital base of the country’s banks deteriorated as the capital shortfall of 12 banks increased by Tk 5,954.11 crore in the fourth quarter last year....

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    CAG audit finds former chairman involved in BASIC Bank loan scam

    Shakhawat Hossain    | Updated at 01:06am on March 01, 2020

    A government special audit report has identified dozens of anomalies in distributing loans by scam-hit BASIC Bank during the tenure of deposed chairman Abdul Hye...

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    BASIC officials confine top brass in protest

    Staff Correspondent | Updated at 11:45pm on December 29, 2019

    A large number of officials of scam-hit BASIC Bank on Sunday confined directors, including chairman, and managing director of the bank, protesting against the abolition...

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    High Court to decide today whether to summon Bacchu

    Staff Correspondent | Updated at 01:18am on December 23, 2019

    The High Court is due to give its decision on whether the former chairman of BASIC Bank, Abdul Hye Bacchu, would be summoned in the...

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    JS body holds move to summon ACC

    Staff Correspondent | Updated at 12:52am on December 20, 2019

    Suspending the previous decision to summon Anti-Corruption Commission, the parliamentary standing committee on ministry of law, justice and parliamentary affairs is now analysing its jurisdiction...

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    ACC chief questions authority of MP Taposh to comment

    Staff Correspondent | Updated at 12:58am on December 09, 2019

    Anti-Corruption Commission chairman Iqbal Mahmood on Sunday raised question about the authority of ruling Awami League Member of Parliament Sheikh Fazle Noor Taposh for criticizing...

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    JS body to summon ACC for not prosecuting Hye

    Ahammad Foyez | Updated at 12:45am on November 01, 2019

    A parliamentary standing committee on Thursday decided to summon the Anti-Corruption Commission in its next meeting seeking explanation why it took no action against former...

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    ACC secretary finds no reason for chairman’s resignation

    Staff Correspondent | Updated at 12:15am on October 16, 2019

    Anti-Corruption Commission secretary Muhammad Dilwar Bakth on Tuesday said that he did not understand why the demand for ACC chairman’s resignation over BASIC Bank scam...

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    Incentive bonus for failing SoB staff unacceptable

    | Updated at 12:00am on August 26, 2019

    IT IS unacceptable that state-owned commercial banks but for BASIC Bank Limited have provided three incentive bonuses for the staff before the recent Eid festival...

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    3 bonuses in SoBs despite Tk 10,666cr bailout fund

    Shakhawat Hossain      | Updated at 01:08am on August 25, 2019

    BASIC received highest amount of bailout fund of Tk 3,390 crore though it was on the verge of bankruptcy due to its huge defaulted loan....