HC dismisses challenge to merger of five Islamic banks
The High Court yesterday dismissed a writ petition challenging the government’s decision to consolidate five financially struggling private Islamic banks …
Updates
Updates
Visible Reforms Strengthen Financial Sector
Bangladesh Bank Governor Dr Ahsan H Mansur on Monday stated that the country’s financial sector is showing visible progress despite …
Regulators Push Banks to Cut Soaring Default Loans
The central bank has taken a firm stance to reduce the sharp rise in loan defaults across the country’s banking …
Central bank stresses restructuring to ease loan crisis
After the fall of the Sheikh Hasina-led government brought to light the long-concealed scale of non-performing loans (NPLs), the central …
Islami Bank Opens Stall at 12th National SME Fair to Provide Services for Entrepreneurs
Islami Bank Bangladesh PLC has unveiled a dedicated stall at the 12th National Small and Medium Enterprises (SME) Fair, reinforcing …
Modhumoti Bank Provides Electric Cart to Dhaka Central Jail under CSR Programme
Modhumoti Bank PLC has continued its commitment to social welfare by donating a 12-seater electric cart to Dhaka Central Jail …
Limited Refunds for Customers of Five Merged Islamic Banks
Under the supervision of Bangladesh Bank, depositors of five troubled Islamic banks will be able to reclaim their funds. The …
ICB Recommends Potential Six-Year Extension for Beximco Sukuk
A working committee formed under the instructions of Bangladesh Bank has recommended a six-year extension of Beximco Ltd’s Shariah-compliant green …
EXIM Bank Holds Special Meeting on Investment Recovery Initiatives
EXIM Bank held a specialised meeting on Saturday at its head office with representatives from ten of its key branches, …
RBI lowers policy rate and injects 16 billion dollars of liquidity to strengthen India’s economy
India’s central bank, the Reserve Bank of India (RBI), has reduced its policy rate. On Friday, the Monetary Policy Committee …