ADB to Invest $300 Million in Bangladesh for Water, Sanitation, and City Region Development in 2027
The Asian Development Bank (ADB) is set to provide approximately $300 million for two major projects in Bangladesh in 2027, …
Banking
Banking
India Plans to Allow 49% Foreign Investment in State-Run Banks
India is set to allow foreign investors to hold up to 49% equity in state-run banks, more than double the …
Fake Profits, Real Losses: Union Bank’s Financial Deception Exposed
Union Bank’s revised financials have exposed the extent of accounting manipulation under the influence of S. Alam Group. What was …
Separate Bank for Government Employees in Bangladesh
There is no precedent worldwide for establishing a bank exclusively for government employees. Yet, such a proposal is now under …
BRAC Bank to Provide Customised Banking Services to East West University
BRAC Bank will offer customised employee banking services to the officials of East West University (EWU), one of the country’s …
Global Investors Target Indian Banks: Opportunities, Risks, and Regulatory Oversight
In the past two years, major international financial players—including Blackstone, Emirates NBD, SMBC, Zurich Insurance, and Abu Dhabi’s IHC—have invested …
Bangladesh Considers Exclusive Bank for Civil Servants — A Global First
Bangladesh is considering an unprecedented move — creating a dedicated bank solely for government employees. The proposed institution, tentatively titled …
Private Sector Strained by Government’s Excessive Bank Borrowing
The private sector is facing significant constraints due to the government’s heavy reliance on banks to cover revenue shortfalls. As …
What the World Bank Says About Bangladesh’s Industrialization
Employment and industrial growth in Bangladesh are increasingly concentrated around the capital Dhaka and the port city Chattogram. Recently, Rangpur …
How Much Money in a Bank Triggers Excise Duty?
If you have a large amount of money in your bank account, the government may deduct excise duty. Previously, excise …