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Nine banks incur net losses in Q1 | The Daily Star


The specialised development bank also incurred a net loss of Tk 533 crore last year.
This has given an indication that the net loss in the bank may increase to a large extent this year compared to the previous year.
An official of the lender said that it had been facing a large volume of default loans since 2012, when it gave out funds to the non-farm sector in a breach of banking norms.
The bank s loan recovery trend from the farm sector is good, but a large amount of fund has been stuck in the non-farm sector, which made it a loss-making lender, he added. ....

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Mahbubul Haque Chisty used entire family for laundering money: SC

The Supreme Court observed today that Mahbubul Haque Chisty, former chairman of Farmers Bank audit committee, used his entire family in "criminal activities of money laundering". It is found from the case documents that Chishty, his wife Rozi Chishty and their son Rashedul Haque Chishty and daughter Rimi Chishty are involved in laundering Tk 138 crore, which they took from ....

Justice Muhammad Imman Ali , Khurshid Alam Khan , Rashedul Haque Chisty , Mahbubul Haque Chisty , Rimi Chishty , Mahbubul Haque Chishty , Rozi Chishty , Rashedul Haque Chishty , Justice Syed Mahmud Hossain , Supreme Court , Appellate Division , Padma Bank , Farmers Bank , Corruption Commission , High Court , Bakshiganj Jute Spinner , Muhammad Imman Ali , Chief Justice Syed Mahmud Hossain , Anti Corruption Commission , Bakshiganj Jute , Gulshan Branch , Bakshiganj Branch , Daily Star , Haque Chishty , Gulshan Police Station , நீதி முஹம்மது நான் ஆண் அலி ,