Cash Reserve Ratio (CRR)
Banks’ offshore operations to receive a boost
Offshore banking units have been relieved from maintaining cash reserve ratio
Padma Bank gets over 2yrs to clear fine of Tk 55cr
Padma Bank, formerly known as Farmers Bank, is going to get over two years, until April 2028, to clear a Tk 55 crore penalty for its failure to maintain the regulator-stipulated cash reserve ratio (CRR) from 2017 to 2019.
Bangladesh Bank cuts repurchase rate and reserve ratio to inject liquid cash into economy
The central bank has taken two significant steps to inject liquid cash into the economy amid the impending financial recession due to coronavirus shutdown.
Banks’ offshore operations to receive a boost
Offshore banking units have been relieved from maintaining cash reserve ratio
Padma Bank gets over 2yrs to clear fine of Tk 55cr
Padma Bank, formerly known as Farmers Bank, is going to get over two years, until April 2028, to clear a Tk 55 crore penalty for its failure to maintain the regulator-stipulated cash reserve ratio (CRR) from 2017 to 2019.
Bangladesh Bank cuts repurchase rate and reserve ratio to inject liquid cash into economy
The central bank has taken two significant steps to inject liquid cash into the economy amid the impending financial recession due to coronavirus shutdown.