Bank interest rate
An anatomy of interest rates
Banks determine their lending interest rates based on the cost of borrowing, non-fund operating costs, margin for default risk, and desired profit margin.
9% interest rate on loans: HC refuses to hear petition challenging BB decision
A High Court bench refuses to hold hearing on a writ petition that challenged the legality of Bangladesh Bank's decision which instructed the scheduled banks to set a maximum nine percent interest rate on all loans except credit cards.
An anatomy of interest rates
Banks determine their lending interest rates based on the cost of borrowing, non-fund operating costs, margin for default risk, and desired profit margin.
9% interest rate on loans: HC refuses to hear petition challenging BB decision
A High Court bench refuses to hold hearing on a writ petition that challenged the legality of Bangladesh Bank's decision which instructed the scheduled banks to set a maximum nine percent interest rate on all loans except credit cards.