The Bangladesh Bank on Sunday set the target of agriculture and rural credit disbursement for banks at Tk 35,000 crore for the 2023-2024 fiscal year.

Recent trends seem to care too little about the wise art of deficit financing.

Banks will verify the thumb impressions with EC database

Interbank transactions through Bangladesh Bank's Real Time Gross Settlement (RTGS) system resumed today after the central bank resolved the technical glitch in the system, said an official.

The change has been done to comply with the Company (Second Amendment) Act 2020

The problem was there for the last couple of days, today it became acute

The central bank today instructed banks to bring down the number of directors from the same family to three in line with the Bank Company (Amendment) Act 2023 within the shortest possible time.

The loans can be repaid in 10 years with one-year of grace period

Bangladesh Bank says in a notice

So much for restoring good governance and holding bank ‘looters’ accountable

Borrowers can repay 50% of demand loans payable for Apr-Jun

Bangladesh Bank today relaxed rules regarding financing availed by commercial importers to cater to cottage, micro, small and medium enterprises (SMEs)

On the surface, the monetary policy appears to be tuned to the need of the hour: bring down inflation and conserve reserves. But it comes caving down on careful reading.

Bangladesh Bank projects

Bangladesh Bank says

The Bangladesh Bank has decided to increase the policy rate

The Bangladesh Bank may today raise its key interest rates to tame inflationary pressure but the attempt might go in vain since the monetary authority may not withdraw the interest rate cap on loans in a true sense. 

New applicants should have Tk 500 crore paid-up capital, up from existing Tk 400 crore

The Bangladesh Bank yesterday approved the guideline on digital banks, paving the way for establishing branchless banking operations, a development that is expected to accelerate cashless transactions and digital transformation.

Interested investors should have a paid-up capital of Tk 125 crore