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Major General Dr Dilawar Singh shares his opinion on the opportunity and potential for setting up a new Digital Bank in Bangladesh are vast and promising. With a growing tech-savvy population, rising digital adoption, and government initiatives for financial inclusion, the market is primed for innovative digital banking solutions.
Bangladesh Bank is planning on launching a digital bank with an AI-based credit rating system that can spot fake borrowers, as per Finance Minister AHM Mustafa Kamal in his latest proposal for the National Budget 2023-24.