Bank & Insurance

State banks face Tk 12000 crore loss over Covid-19

State owned scheduled and non scheduled banks would face financial losses over Tk 12,000 crore for interest suspension and halted operation during the month...

How printing money can save the economy of Bangladesh

The US, the Central Banks of Europe, Japan are printing money to bring economies back to life. Major global economies are responding to the Covid-19...

Corporate tax rate cut is offing

The government is likely to reduce 7.5 percent corporate tax from next fiscal year to ease pressure on manufacturing and services sector generated by...

Bankers panicked; protection , duty pass and incentive sought.

Fears of contracting the novel coronavirus are running rife among bankers as two bankers infected and surge in cash counter by customer intensifies. The...

BB relax CRR req Repo rate to release Tk 13,000 crore from banking system.

The central bank of Bangladesh on Thursday reduced the mandatory cash reserve ratio requirement undand Repo interest rate so that liquidity enhance into banking...

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