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What are Public Development Banks? Your questions answered

What are Public Development Banks? Your questions answered

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BB instructs non-banks to reduce bad loans

Bangladesh Bank has instructed non-bank financial institutions (NBFIs) to reduce the amount of non-performing loans (NPLs) they have to resolve the sector’s image crisis.

Golam sarwar bhuiyanMezbaul haqueBangladesh bank governor abdur rouf talukderBangladesh bankCompanies associationInfrastructure development finance company ltdBangladesh leasingFinance companies associationInfrastructure development finance company

Number of weak NBFIs on the rise

Fourteen non-bank financial institutions (NBFIs) out of a total of 35 were in the red zone last year as per the stress test report of the central bank.

United statesMuinul islamGolam sarwar bhuiyanInfrastructure development finance company ltdBangladesh industrial finance companyFinancial servicesBangladesh bank stabilityUniversity of chittagongInternational leasingInfrastructure development company ltdCompanies associationBangladesh bank stability reportBangladesh leasingFinance companiesUttara financePhoenix finance

IDFC board extends term of MD Mahendra Shah, appoints Bipin Gemani as CFO

Bipin Gemani, a former chief financial officer of IDFC Bank, has been appointed as the company s CFO and whole-time director with immediate effect till September 2024.

Mahendran shahBipin gemaniMahendra shahInfrastructure development finance companyManaging director mahendra shahAtlas copcoIdfc ltdBipin gemaniMahendra shah

IDFC Extends Term Of Mahendra Shah As MD, Appoints Bipin Gemani As WTD & CFO Of The Company

IDFC Extends Term Of Mahendra Shah As MD, Appoints Bipin Gemani As WTD & CFO Of The Company
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Mahendran shahBipin gemaniGroup companyInfrastructure development finance companyBhandari associatesAtlas copco indiaGroup headCompany secretariesInternational paperBearings indiaPfizer ltd as finance officerManaging directorWhole time directorChief financial officerGroup company secretaryGroup chief compliance officer