Banking Sector Rattled by Govt Change
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Banking Sector Rattled by Govt Change
Recent upheavals in banks previously controlled by the ousted government have led to major disruptions, with top officials resigning and…
Janata Bank’s Tk 10,000 Crore Loan to S Alam Group Breaches Legal Cap
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Janata Bank’s Tk 10,000 Crore Loan to S Alam Group Breaches Legal Cap
Janata Bank has extended a Tk 10,000 crore loan to S Alam Group, significantly exceeding the legal limit of 25%…
Sonali Bank Faces Backlash for 12% Interest Rate on Islamic Loans
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Sonali Bank Faces Backlash for 12% Interest Rate on Islamic Loans
Sonali Bank has faced criticism for violating Shariah principles by charging a 12% interest rate on a 90-day loan through…
Bangladesh Bank Impose Tk 3 Lakh Cap on Cash Withdrawals
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Bangladesh Bank Impose Tk 3 Lakh Cap on Cash Withdrawals
Bangladesh Bank has raised the cash withdrawal limit to Tk 3 lakh per account, up from the previous limit of…
Five S Alam-Controlled Banks at Risk of Crisis
S Alam Group has reportedly exploited six banks, including Islami Bank, Social Islami Bank, and Global Islami Bank, resulting in…
Five S Alam-Controlled Banks at Risk of Crisis
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