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  Bangladesh Bank fines BCBL for failure to report on defaulter

  Staff Correspondent | Updated at 12:00am on December 09, 2019

  The Bangladesh Bank has fined Bangladesh Commerce Bank Limited as the bank failed to inform duly the central bank about the loan defaulting status of...

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  Dhaka seeks $20m RCBC fine from Manila

  Diplomatic Correspondent | Updated at 11:49pm on December 03, 2019

  Bangladesh on Tuesday requested the Philippines government to transfer the US$20 million it has collected from the Rizal Commercial Banking Corp in connection with a...

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  Bangladesh Bank hikes MFS cash-in limit for remittance receivers

  Staff Correspondent | Updated at 12:00am on December 03, 2019

  The Bangladesh Bank on Monday raised the cash-in limit of mobile financial service (MFS) for inward remittances. Remittance up to Tk 1.25 lakh, including 2...

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  Bangladesh Bank appoints committee to reduce interest rate at single digit

  Staff Correspondent | Updated at 12:57am on December 02, 2019

  A committee would be formed soon under the Bangladesh Bank to implement the much-talked-about government decision to enforce single-digit lending rates in the banks...

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  BB waives rules for MTB share sales to Norfund

  Staff Correspondent | Updated at 12:00am on November 29, 2019

  The Bangladesh Bank has waived a section related to shareholding of banking company act, paving way for Mutual Trust Bank to sell 10 per cent...

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  BB allows more taka slide as exports drop

  Staff Correspondent | Updated at 12:00am on November 29, 2019

  The Bangladesh Bank has allowed further devaluation of the taka against the US dollar with the interbank exchange rate of the greenback increasing to Tk 84.90...

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  BB hikes limit on advance payment against import

  Staff Correspondent | Updated at 12:00am on November 26, 2019

  The Bangladesh Bank on Monday widened the advance payment scope for banks against import of goods and services which require no approval from the central...

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  Bangladesh Bank relaxes international card-based online transactions after criticisms

  Staff Correspondent | Updated at 12:00am on November 25, 2019

  The Bangladesh Bank on Sunday relaxed international card-based online payment system, backtracking on its move tightening the system after just 10 days amid heavy oppositions...

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  An inordinate delay in central bank money theft investigation

  | Updated at 12:00am on November 22, 2019

  THE Dhaka metropolitan magistrates court has so far extended the deadline for the Criminal Investigation Department for the 38th time to submit its investigation report...

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  School banking deposits in Bangladesh mark sudden jump in July-Sept

  HM Murtuza | Updated at 12:00am on November 21, 2019

  Deposits in the school banking accounts posted the highest quarterly growth — 20.95 per cent or Tk 313 crore — in the July-September period of the...