DSEX dips below 5,000-mark again Stocks drifted lower on Tuesday, after a single-day break, as risk-averse investors opted for booking profit on quick-gaining stocks. The market opened on upbeat note and the key index of the major bourse rose 25 points within first 30 minutes. But, all the initial gains
Read MoreBangladesh Bank extended the deadline for loan status classification by banks Bangladesh Bank yesterday extended the deadline for loan status classification by banks further to December 31, as it now forecasts the economy would be enshrouded by the coronavirus-induced gloom for longer than it had imagined earlier. Now, banks will
Read MoreStimulus packages fuelling private credit growth Private sector credit growth extended its gains for the second straight month in August driven by loans given under the stimulus packages aimed at reviving the economy. The year-on-year credit growth stood at 9.36 per cent in August, up 9.20 per cent from a
Read MoreIncentivise e-payments to speed up digital transformation Both the government and the central bank should take initiatives to provide cashback or incentive to customers for carrying out transactions using digital tools with a view to attaining sustainable economic growth, experts said yesterday. The country has made an impressive stride in
Read MoreRate cut lowers Q2 fixed deposits The volume of fixed deposits with the banking system fell by 2.41 per cent in the second quarter ending in June compared to January-March, dwindled by lower interest rate. The amount of fixed deposits decreased by Tk 139.4 billion to Tk 5.67 trillion in
Read More