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Where has all the money gone? | The Daily Star
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Bankers seek review of deposit rate-570088
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The central banks to ensure cheap loans going to productive sector
Star Business Report
Tue Aug 3, 2021 11:50 AM
Bangladesh Bank has asked banks to send details of clients who got loans from the government s stimulus package in order to ensure probe whether the low-cost funds went to productive sectors.
The central bank directed banks to provide detail of loan disbursement within five working days, a senior official of the Bangladesh Bank said yesterday. We will take stern action against the concerned banks in case of misuse of incentive loans announced by the government, he said.
The Bangladesh Bank (BB) sent letters to all banks Sunday. In the letter, the BB also asked banks to provide information about the subsidy on the interest.
BB Governor stresses on expert bankers to overcome crisis-568361
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Ex-BB governor Khorshed Alam passes away
Staff Correspondent
28th July, 2021 11:53:28 PM
Former governor of Bangladesh Bank Khorshed Alam passed away at a private hospital in the capital on Wednesday. He was 86.
He breathed his last at 10:00am while undergoing treatment in United Hospital in Dhaka.
He was suffering from various old-age related complications.
He left behind his wife, four sons and a host of relatives and well wishers to mourn his death.
Khorshed Alam was the governor of Bangladesh Bank from December 20, 1992 to November 21, 1996.
He was a Language Movement activist who also founded the Bangladesh Association in New England in the United States in 1971 and worked for the War of Independence from there.