Stay updated with breaking news from Tarek reaz khan. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The court has served a show-cause notice to the managing director of Padma Bank for applying for bail and release of property of a wilful defaulter without fulfilling the conditions of the law, according to court documents. ....
In a rare move, Padma Bank PLC is going to convert institutional deposits into preference shares and provide them to customers seeking to withdraw funds, exposing how deeper its liquidity crisis is. ....
The central bank has extended a total of Tk 22,000 crore in emergency funds to seven beleaguered banks including five Islamic banks to dress up their balance sheet ahead of the year’s end. ....
The central bank has extended a total of Tk 22,000 crore in emergency funds to seven beleaguered banks including five Islamic banks to dress up their balance sheet ahead of the year’s end. ....
Bad loans in six private banks increased by about 55 percent in the first nine months of the year, raising further alarms about the health of the banking sector. ....