Cash inflows to banks increased last week.

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Cash inflows to banks increased last week.

According to the report, after the fall of the Sheikh Hasina government, people are currently withdrawing money from weak banks and depositing it in good banks. Banks are now turning away many depositors as they no longer get special loans.

However, the bad condition of these banks cannot be understood due to the maximum withdrawal limit of Tk 3 lakh per day. In such a situation, even if the vaults of some banks are empty, many banks have no place to keep money.

Many branches are depositing money in the central bank due to excessive deposit. In the last five days, various banks have deposited Tk 2,593 crore in the vaults of Bangladesh Bank.

Those concerned said that a certain limit of vaults has been fixed in each bank branch. If the amount is more than the limit, it has to be deposited in Central Bank or Sonali Bank’s Chest branch.

After the fall of the government, the banks were regularly taking money from the central bank for a few days. However, in five days of the last week, the money taken, deposited is more than that.

According to the report, many people kept the money earned in various ways including corruption at home. They are depositing money in good banks in different ways because they don’t feel safe.

Since the fall of the government, people have not been able to withdraw large amounts of cash. Many people are unable to withdraw large amounts of money due to restrictions on cash withdrawals.

Source -bangladesh Bank

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