Worried BB asks banks to curb defaulted loans

Mulls low-cost bank accounts for RMG workers
The Bangladesh Bank on Thursday expressed concern over the increasing trend in classified loan in the banking sector and asked the scheduled banks to take steps to check the trend.
At a meeting between high officials of the central bank and managing directors and chief executive officers of the scheduled banks, BB governor Atiur Rahman

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Banking sector reels as defaulted loan soars by Tk 8,294cr in Q1

The amount of defaulted loan in the banking sector increased by 19.41 per cent from Tk 42,725.51 crore as of December 31, 2012 to Tk 51,019.91 crore as of March 31, 2013, according to the latest Bangladesh Bank data released on Monday. The defaulted loan in the banking sector increased by Tk 8,294.40 crore in just first three months of the current year because

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