Adviser to the interim government on the Ministries of Finance and Commerce Dr Salehuddin Ahmed today categoricallysaid that the government would not allow anyone for generating black…

Bangladesh Bank (BB) has hiked the policy interest rate (repo rate) by 50 basis points to 9 percent as part of efforts to rein in inflation. On Sunday, the central bank took the decision…

In a move to protect depositors' interests, Bangladesh Bank has dissolved the board of directors of Social Islami Bank Limited (SIBL) and appointed a new five-member board to oversee…

Bangladesh Bank (BB) has ordered commercial banks not to allow cash withdrawals of more than Tk 4 lakh per account daily. Earlier, the limit was Tk 3 lakh. The central bank has hiked…

The Bangladesh Bank remains in the dark regarding the exact amount of loans taken by S Alam Group, a conglomerate that allegedly seized control of six banks with the backing of the…

A total of 1235 mobile towers out of 13,491 in 10 flood affected districts have remained out of order due to flood, according to the Bangladesh Telecommunication and Regulatory Commission…

Bangladesh Bank has dissolved the board of Islami Bank, effectively ending the controversial control exerted by the S Alam Group.in  On Thursday, the central bank's governor,…

National Board of Revenue has initiated an investigation against the owners of the prominent business conglomerates Beximco, Bashundhara, Summit, Orion, and Nassa groups. They are--…

The Bangladesh Bank (BB) has appointed an administrator to oversee operations at 'Nagad,' amid growing allegations that the digital financial service benefited from undue privileges…

The rot in the banking sector started in 2017, when Bangladesh Bank (BB) allowed a large industrial group to fully control a large private bank in the country, according to  the…

Bangladesh Bank (BB) will not provide illegal liquidity support or any other facilities to any bank, including Sharia-based Islami banks.  Governor Ahsan H. Mansur said this while…

Eight top officials, including five DMDs, of the Islami Bank Bangladesh Limited (IBBL) who were identified as collaborators ofS Alam Group, have been dismissed from the bank. To this…

Bangladesh Bank (BB) has imposed limits on the disbursement of loans for six banks owned by the controversial S Alam Group for restructuring these banks. From now on these banks cannot…

Planning and Education Adviser Wahiduddin Mahmud on Monday spoke of significant irregularities in ongoing development projects, stressing the urgent need for thorough scrutiny and…