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Govt moves to rein in willful defaulters

Govt moves to rein in willful defaulters
Decides in principle to amend the banking companies act
The government, for the first time, has moved to define habitual defaulters, a development that may stop delinquent borrowers from running businesses, travelling abroad, and participating in social and political activities.
As part of the move, the government yesterday decided in principal to amend the banking companies act at a virtual cabinet meeting presided over by Prime Minister Sheikh Hasina.
According to the draft law, an individual will be considered a willful defaulter if he or she does not repay a loan, taken under their individual name or for their company, to banks despite being able to pay it back. ....

Khandker Anwarul Islam , Sheikh Hasina , Zahid Hussain , Money Loan Court , Registrar Of Joint Stock Companies , Banking Companies , Bangladesh Bank , World Bank Dhaka , Prime Minister Sheikh , Joint Stock Companies , Money Loan Court Act , Secretary Khandker Anwarul Islam , Banking Companies Act , World Bank , ஷேக் ஹசினா , ஜாஹித் ஹுசைன் , பணம் கடன் நீதிமன்றம் , பதிவாளர் ஆஃப் கூட்டு ஸ்டாக் நிறுவனங்கள் , வங்கி நிறுவனங்கள் , பங்களாதேஷ் வங்கி , உலகம் வங்கி டாக்கா , ப்ரைம் அமைச்சர் ஷேக் , கூட்டு ஸ்டாக் நிறுவனங்கள் , பணம் கடன் நீதிமன்றம் நாடகம் , வங்கி நிறுவனங்கள் நாடகம் , உலகம் வங்கி ,