Capital shortfall of state banks alarming Eight state banks had a capital shortfall of Tk 12,683 crore at the end of June even though they got a handsome amount of fund from the government exchequer. In other words, the banks are a long way off from maintaining capital as per
Read MoreBB asks banks to keep ADCs open round the clock The central bank has asked the commercial banks to ensure round-the-clock operation of alternative delivery channels (ADCs) during the upcoming Eid-ul-Azha holidays in order to facilitate smooth transactions. The ADCs include ATM (automated teller machine), POS (point of sale), e-payment
Read MoreBanks asked to keep adequate cash at ATMs during Eid vacation Bangladesh Bank on Sunday asked commercial banks to keep adequate cash in their automated teller machines so that their clients can withdraw money round the clock during Eid-ul-Azha holidays. The three-day Eid holidays will begin on September 1. If
Read More20 defaulters account for state banks’ one-third bad loans The top 20 defaulters accounted for one-third of the state banks’ total default loans in the first half of 2017, according to the finance ministry. As of June, the defaulters owed Tk 11,579 crore to Sonali, Janata, Agrani, Rupali, BASIC and
Read MoreBank heist report not yet, Muhith reaffirms Finance Minister AMA Muhith reiterated that the probe report on the heist in Bangladesh Bank’s account with the US Federal Reserve Bank wouldn’t be published yet, but expressed the hope that the entire sum would be recovered. But it’ll take time, he said
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