Default debt bulges as Tk 101.67bn added to third quarter tally
Default debt bulges as Tk 101.67bn added to third quarter tally
Source: bdnews24.com
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Default loans increase by Tk10,000 crore in January-March
The country's banking sector experienced a sharp rise in default loans by Tk10,000 crore in just three months from January to March quarter. The total default loan stood at Tk113,440 crore at the end of March which was 8.53% of total loans in the industry, according to the Bangladesh Bank data released on Sunday. The default loan rate was 7.93% in December last year. Defaulted
Source: tbsnews.net
'The bigger the defaulter, the more benefit h/she gets'
In an interview, Professor Dr Mohammed Farashuddin, former governor of Bangladesh Bank and chief advisor of East West University, explained the context and nuances of banks writing-off loans and NPLs to The Business Standard
Source: tbsnews.net
Bangladesh Bank officials took benefits from PK Halder: High Court
Staff Correspondent, bdnews24.com Published: 24 Feb 2021 02:38 AM BdST Updated: 24 Feb 2021 03:02 AM BdST The Bangladesh Bank’s role in recovering defaulted loans taken from People’s Leasing and Financial Services Ltd or PLFSL, a firm undergoing liquidation, has irked the High Court. "); } A judge says the central bank officials responsible for overseeing the financial institutions “took benefits” from the scam centring businessman Proshanto Kumar Halder. Justice Muhammad Khurshid Alam Sarkar made the comments on Tuesday while hearing statements of some of those who defaulted on...
Source: bdnews24.com