Banking

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    Bank transaction hours during shutdown extended

    Staff Correspondent | Updated at 10:19pm on April 02, 2020

    The Bangladesh Bank on Thursday extended the bank transaction hours to three hours during the government-announced general holidays. Previously, the country’s banks offered services for...

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    Coronavirus eats into remittance inflow in March

    Staff Correspondent | Updated at 10:02pm on April 02, 2020

    The inflow of remittance dropped by 11.83 per cent or $173 million year-on-year in March this year as the pandemic coronavirus has brought the global...

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    Govt requested to rationalise ATM import tariff

    New Age Online | Updated at 02:59pm on April 02, 2020

    The government has been requested to rationalise the import tariff on Automated Teller Machine or ATMs to attain Sustainable Development Goal 2030 indicator 8.10.1. This...

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    Banks start offering single-digit rate amid coronavirus concerns

    HM Murtuza | Updated at 09:59pm on April 01, 2020

    The country’s scheduled banks on Wednesday started executing 9 per cent ceiling on all sorts of loans even on the existing ones as per a...

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    World Bank warns China growth could screech to a halt

    Agence France-Presse . Washington | Updated at 10:59pm on March 31, 2020

    The coronavirus pandemic’s economic fallout could cause China’s growth to come to a standstill while driving 11 million more people in East Asia into poverty,...

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    Bangladesh Bank to operate REPO, call money market on limited scale

    Staff Correspondent | Updated at 10:44pm on March 31, 2020

    The Bangladesh Bank on Tuesday said that it would operate REPO (repurchase agreement) and call money market on a limited scale during the ongoing government...

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    Bangladesh Bank extends forex support for Bangladeshis stranded abroad

    Staff Correspondent | Updated at 10:31pm on March 30, 2020

    The Bangladesh Bank has extended foreign currency facility for the Bangladeshi nationals stranded abroad due to the travel ban imposed by different countries amid the...

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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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