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  Only few bank branches open

  HM Murtuza | Updated at 10:17pm on March 29, 2020

  Banks conducted limited operations only at a few branches across the country on Sunday, the first day of a five-day government holidays announced to limit...

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  India cenbank slashes interest rates as coronavirus spreads

  Agence France-Presse . Mumbai | Updated at 11:09pm on March 27, 2020

  India’s central bank cut interest rates sharply on Friday as the coronavirus outbreak deepens fears for Asia’s third largest economy, which was already battling a...

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  Farm loan release drops by 13.7pc in February

  Staff Correspondent | Updated at 10:48pm on March 27, 2020

  Farm loan disbursement by banks dropped by 13.7 per cent or Tk 315.57 crore in February this year compared to the previous month. The banks...

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  Loan repayment failure would not make NBFIs’ borrowers defaulter

  Staff Correspondent | Updated at 10:31pm on March 24, 2020

  No loans with the non-bank financial intuitions could be downgraded to defaulted ones until June 30 this year on grounds of the borrowers’ failure in...

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  Mahbub appointed CEO of HSBC in Bangladesh

  Business Desk | Updated at 10:30pm on March 24, 2020

  Md Mahbub ur Rahman has been appointed the chief executive officer of the Hongkong and Shanghai Banking Corporation in Bangladesh with effect from April 5,...

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  MFS providers yet to make Tk 1,000 cash-out charge free

  Staff Correspondent | Updated at 10:25pm on March 24, 2020

  Mobile financial service providers are yet to execute a Bangladesh Bank instruction that asked the MFS providers to make withdrawals worth Tk 1,000 charge free....

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  Banks must keep adequate cash in ATM during holidays: BB

  Staff Correspondent | Updated at 10:19pm on March 24, 2020

  The Bangladesh Bank on Tuesday asked banks to ensure availability of adequate cash in the automated teller machines during the 10-day holidays announced by the...

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  Bangladesh Bank approval mandatory for bank CEOs’ foreign trip

  Staff Correspondent | Updated at 11:07pm on March 23, 2020

  The Bangladesh Bank on Monday made it mandatory for the chief executives of all scheduled banks to obtain the central bank’s prior approval for foreign...

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  Bangladesh Bank cuts policy rates to inject more cash into market

  Staff Correspondent | Updated at 11:05pm on March 23, 2020

  The Bangladesh Bank on Monday reduced the mandatory cash reserve ratio for the banks to 5 per cent from 5.5 per cent with a view...

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  Bank branches must be kept fully functional

  Staff Correspondent | Updated at 10:00pm on March 22, 2020

  Branches of all scheduled banks must be kept fully functional to facilitate uninterrupted financial transactions during the outbreak of coronavirus, said Bangladesh Bank officials. On...