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The central bank must recognise that the existing CIB laws are outdated and ineffective.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
Abdur Rouf Talukder resigned from the post of governor of the Bangladesh Bank on Friday, four days after Sheikh Hasina stepped down as prime minister and fled the country in the face of a mass uprising.
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.
The central bank also instructed banks to monitor transactions through cheques and stop any suspicious transactions.
Abdur Rouf Talukder resigned citing health reasons
Deputy Governor Kazi Sayedur Rahman resigns, while others are on the way out
The Economic Reporters’ Forum meets BB officials
Data correction is going on
The Bangladesh Bank injected $12.79 billion into banks from its reserves in the just-concluded 2023-24 fiscal year as banks combatted a severe US dollar crisis which hampered import payments.
The policy would aim to bring down inflation
However, MDs have to take prior approval of the banking watchdog
