The government plans to bring down inflation to 4-5 percent, Bangladesh Bank (BB) Governor Ahsan H Mansur said yesterday.
The Bangladesh Bank (BB) has backtracked on its decision to refrain from injecting fresh funds into crisis-hit banks in its efforts to curb persistent inflation.
They sought removal of Nurun Nahar and Habibur Rahman
Banking rules and regulations stipulate a single borrower exposure limit but the banking regulator itself disregarded the rule routinely in the last 16 years.
The central bank must recognise that the existing CIB laws are outdated and ineffective.
Traditional contractionary policies may not be suitable for Bangladesh’s unique economic structure.
The fee will be Tk 20 for payments of up to Tk 25,000 and Tk 50 for up to Tk 50,000
A good bank ensures quality of loans (assets) by selecting the right borrowers, sanctioning loans to various sectors in different sizes, and keeping collateral.
Deposited money is safe in banks, Husnay Ara Shikha says
The council also recommended amendment to the Bangladesh Bank Order 1972
International support will be taken to bring them to book, says Ahsan H Mansur
The Bangladesh Bank reduced the special liquidity support extended to nine lenders, including five Shariah-based banks, despite the absence of a governor.
He will be the 13th governor of the central bank
Instruction has also been given to find if there is any bank account in the names of other members of the former minister
The Bangladesh Financial Intelligence Unit made the call
Mohammad Muslim Chowdhury, former comptroller and auditor general, will lead the panel
They sent their resignation letters to the Financial Institutions Division secretary and BB governor
The government yesterday accepted the resignations of the Bangladesh Bank governor and the chairman of Bangladesh Securities and Exchange Commission (BSEC) and decided to fill the position of the governor soon.
The Bangladesh Bank yesterday ordered commercial banks not to allow cash withdrawal of more than Tk 2 lakh per customer this week because of a lack of security, a senior official of the central bank said.
