Bank & Finance
Bank & Finance
Who will eradicate corruption like cancer
from banking sector?Defaulted loans exceeded Tk 1.13 tri Golam Mostafa Jibon: Question has now intensified everywhere that who will eradicate the corruption and irregularities spread out like cancer in the Banking sector.Despite the government efforts, the banking sector is now on the verge of ruination due to the continuous corruption and irregularities,…
Read More »Banking sector seeing most serious crimes: HC
Court Correspondent: The High Court (HC) yesterday said the country’s banking sector is seeing most serious crimes, which are crippling the country.“Most serious crimes are taking place in the country’s banking sector. How can the country move forward with these,” the High Court said.A High Court division bench of Justice…
Read More »Money changers turn away customers as dollar supply remains limited
Staff Correspondent: Money changers in Dhaka are eager for a greater supply of dollars as the exchange rate of the currency shot up to a record high of Tk 105.30 amid steep demand. Some customers have left the outlets empty-handed as the supply of the greenback remains limited.The exchange rate…
Read More »Income tax return mandatory for investment over Tk 5 lakh
Savings certificates Industry Desk: The government has made income tax return mandatory for investment more than 5 lakh Taka in the savings certificates and for opening post office savings accounts. It will be effective from this fiscal year.A circular in this regard was issued by the Debt Management Department of…
Read More »Open market dollar price jumps to record Tk 105
Staff Correspondent: The price of the dollar yesterday increased by at least Tk2.50 in a day and stood at Tk105 in the kerb market, crossing the recent surge in May.Money exchanges in Paltan, Motijheel and Baitul Mokarram areas reported that they had bought dollar at a rate of Tk103 to…
Read More »Air passenger decreasing for high jet fuel price
Mahfuz Emran: The price of jet fuel used in aircraft was Tk 46 per liter two years ago. Now the price per liter of the same fuel is set by the government at Tk 130. In this way, the price of jet fuel has increased by about 183 percent in…
Read More »RCBC defamation case against BB dismissed
Reserve heist Industry Desk: A Philippines court has dismissed a defamation case filed by Rizal Commercial Banking Corp (RCBC) against Bangladesh Bank for linking it to the biggest cyber heist in the world.The Philippines court dismissed the case on June 30 and Bangladesh Bank received the documents on Wednesday, said…
Read More »Price Sensitive Information (Property Purchase) Of Sena Kalyan Insurance.
PRICE SENSITIVE INFORMATION
Read More »Connectivity is key to national development
Hasina in donation receiving prog Staff Correspondent: Prime Minister Sheikh Hasina yesterdaysaid her government has been working to improve the connectivity throughout the country for economic progress and industrialization.“We’ve developed a communication network through construction of roads and bridges across the country. Besides, we’ve been dredging and reviving the rivers….…
Read More »BB eases debt burden for cos amid economic stress
Staff Correspondent: Bangladesh Bank says that no companies from “major industries” will be deemed to be defaulters if they manage to repay at least half of their instalments.For example, a company will avoid falling into the category of defaulters by repaying at least 50 percent of the loans payable for…
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Hotels to be converted for Covid hospitals
Hospitals overwhelmed Staff Correspondent: The government is going to rent hotels for providing treatment …
