A Bangladesh Bank plan to halve overdue loans classification time may increase classified loans to a great amount, fear bankers. As per the guidelines agreed with the International Monetary Fund to avail of its $4.7 billion budget support, the central bank plans to reduce the overdue period for classifying long-term loans to three months from six months in its efforts to
BB gets down to rolling out Taka Pay card thedailystar.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailystar.net Daily Mail and Mail on Sunday newspapers.
Bangladesh’s external sector continues to be in distress as the overall negative balance widened by 23.5 percent last fiscal year despite the narrowing trade gap and current account deficit.
Interbank transactions through Bangladesh Bank's Real Time Gross Settlement (RTGS) system resumed today after the central bank resolved the technical glitch in the system, said an official.