Dhaka July 1, 2025, 4:25 am
Repo rate has been reduced to 5.75 percent and cash reserve ratio (CRR) to 5 percent a year to help banks face any unexpected cash crisis in the near future
The New York court found that the reserve heist, payment orders, transfer of money to various accounts and remitting the money to other countries had occurred in New York
It has now been decided that Authorised Dealers may effect, advance payment of $500,000 for import of coronavirus related medical items
BB filed a lawsuit in the US District Court in Manhattan earlier last year
Covid-19-induced disruption in the global supply chain, is likely to dampen the growth prospect during fiscal year 2019-20
The central bank will directly purchase treasury bonds and bills at market price from commercial banks
The project will treat sewage and septage, which will help reduce inland flooding and water pollution
The World Health Organisation (WHO) has already announced Bangladesh as one of the most vulnerable nations in terms of spreading the deadly virus among people
Under the relaxations, the banks have been instructed not to adversely classify any loans till June 30 from the states of January 01, 2020
BB preparing indicators for assessment
The decision came at a meeting of the chairmen and managing directors of all the banks - both public and private ones-with Finance Minister AHM Mustafa Kamal at the NEC auditorium in the capital on Monday
A special policy to allow each bank to build a Tk200 crore fund for capital market investment beyond their regular exposure limit was formed as per the directives of the prime minister
Annual report sidesteps virus impact
The support will target companies in the supply chain that are critical to fighting the virus
Bankers said decline in profits had affected CSR activities
Chisty and three others were accused of embezzling Tk70.61 lakh in the name of supplying the bank’s interior decoration materials
The government is thinking to expand tax net instated of increasing the tax rate. Side by side, the government is likely to reduce tax rate in different sectors. There will be necessary directives in the next national budget,
If it continues, local currency won't be more volatile, says expert
The discrepancies came to the surface after the newly appointed CEO of the subsidiary took over the charge of the company.
BB asked top executives of all commercial banks over telephone to intensify their fund building process in the wake of a massive fall in price indices over corona fear
