TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
Rate last updated: 02/01/2014 11:15:04 AM
BB cuts interest rate of refinance funds Bangladesh Bank yesterday cut the interest rate on refinance funds for pre-shipment credit aiming at helping local exporters continue shipping products amid the coronavirus outbreak. From now on, businesses will be allowed to avail funds from the scheme at 5 per cent interest
Read MoreGDP growth target cut again The government has revised down the GDP growth projection to 6.1 per cent for 2020-21, the second revision this fiscal year, reflecting the devastating impacts of the second wave of the coronavirus pandemic on the battered economy. The government had initially targeted to achieve an
Read MoreBranchless banking gaining ground A good number of banks are going towards branchless banking in recent times by way of rolling out different digital products as a part of their efforts to reach out to more people both in rural and urban areas. This is also helping them decrease the
Read MoreBanking stocks lose grace for high defaulted loans Once known to many for their attractive stocks, banks are a long way from raising adequate interest among stock market investors as confidence has been sunk by high amounts of non-performing loans and low asset value.Among the listed 31 banks, 21 are
Read MoreNBFI borrowers can defer repayments till June Borrowers of non-bank financial institutions (NBFIs) will get a fresh repayment deferral support of three months till June 30 this year. Bangladesh Bank (BB) yesterday said such borrowers who were facing trouble in paying instalments during the Covid-19 pandemic would be eligible.The NBFIs’
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